Biden’s green tax breaks for the rich driving nation deeper into red

[Kamaji]

Biden’s green tax breaks for the rich driving nation deeper into red

By NY Post Editorial Board   
April 29, 2023

The massive pile of green tax breaks Joe Biden jammed into the Inflation Reduction Act will cost multiples of the original sticker price — further imperiling America’s fiscal future.

The list price for IRA’s green tax breaks was $271 billion over the next decade.

Horrible enough, but the reality is far worse.

New analyses show the cost to be far higher.

Goldman Sachs pegs the true number at north of $1 trillion (yes, you read that right), while bean-counters at the Brookings Institution — hardly a friend of the GOP — peg it at $780 billion.

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Source:  https://nypost.com/2023/04/29/bidens-green-tax-breaks-for-the-rich-driving-nation-deeper-into-red/

[bigheadfred]

Another of Sniffy Joe's great accomplishments taking the country in the direction (he) wants it to go--straight down the shi**er.