The Inflation Reduction Act Won’t Affect Most Americans’ Tax Bill

MENLO, IOWA – APRIL 12: President Joe Biden speaks to guests during a visit to POET Bioprocessing. … [+] (Photo by Scott Olson/Getty Images) Getty Images As Congress is about to pass the Inflation Reduction Act, Washington is once again having a breathless debate over very little. This one is about whether Democrats are violating … Read more

Joe Manchin Pulled The Plug On Biden’s Tax Increases. What Happens Next?

WASHINGTON, DC – MAY 10: Sen. Joe Manchin (D-WV) walks through a hallway in a Senate Office Building … [+] (Kent Nishimura / Los Angeles Times via Getty Images) Los Angeles Times via Getty Images Conservative Democrat Joe Manchin (D-WV) may have effectively sealed the fate of President Biden’s tax agenda when he said he … Read more

What Do The Political Parties Think About A Gas Tax Holiday? It Depends On Who Proposes It.

NEW YORK, NEW YORK – JUNE 01: Effective starting today, New York is suspending its gas tax for the … [+] rest of the year. (Photo by Spencer Platt/Getty Images) Getty Images Looking for a case study of our hyper-partisan politics? No need to search any further than your local gas pump. The ongoing debate … Read more

Why Biden’s Federal Gas Tax Holiday Would Be Bad For America

Biden speaking Tuesday in the Roosevelt room at the White House. Getty Images Is too much inflation crushing your summer vacation plans? President Joe Biden has a holiday for you — at the gas pump. Biden is set to request from Congress a three-month, emergency relaxation of the federal tax on gasoline. By removing that … Read more