Economist: 4 Things to Know About the Inflation Reduction Act

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Economist: 4 Things to Know About the Inflation Reduction Act
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Will the law reduce inflation, as the name implies? How will the corporate minimum tax work? How will IRS enforcement generate so much revenue? — The Conversation

on reducing greenhouse gas emissions, improving health care and reducing the federal deficit. Where’s all that money coming from?to examine how the new law will raise enough revenue to pay for clean energy tax credits, Affordable Care Act subsidies and incentives for manufacturers to use cleaner technologies, among other initiatives. We also wanted to know, given its name, will the Inflation Reduction Act actually bring down inflation?.

Though businesses can, of course, owe no tax because of perfectly legitimate uses of the tax code, seeing headlines about

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