The president returned briefly from vacation to sign a bill that passed the House and Senate on party lines after more than a year of fraught negotiations.
Tag: Inflation Reduction Act of 2022
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Why the 1 Percent Buyback Tax Doesn’t Scare Investors
Democrats hope the tax will encourage companies to spend more on workers and operations, but strategists think it’s unlikely to deter corporations from repurchasing their stock.
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Subsidies in the Climate Bill Keep Oil and Gas Alive
A big winner is carbon capture technology. Subsidies will lock in fossil fuel use.