General recommendation, don't insinuate you have fraudulent taxes on the internet.
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Biden if you wanted to make the govt work for families again you would've gotten this to pass with subsidized child care/elder care
My post below has a pretty good summary of the what the climate portions of the bill mean. Hope this helps answer y'all's questions on it
It wouldn't have passed. That's the point. Don't let the perfect be the enemy of the good. Pass it, lock it in, and move on to the next thing.
People really need to understand that having one omnibus bill handle literally every issue is unrealistic and frankly impossible.
OP
OP
Personally bummed the EV credit starts next year since i JUST got mine last month. They should at very least include 2022. But glad it worked out.
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Many good things have happened in the past year; I hope this also means people will post more attention to them.
Also it's based around income levels, 150K for single and 300K for joint
But it's not capping on production
I just want to tell you how much I appreciate this attitude. While you're bummed you may not receive it, you're happy for those getting it going forward.
Much better than the "fuck you, didn't get mine so you shouldn't either" attitude.
Well if you have ideas on how to make that pass the Senate, we're all ears!
wait I thought it was 75k single and 150k joint, did they increase it at some point?
as someone who, let's say, is a single person making between 75k and 150k, this is suddenly something I need to investigate very badly
e: no shit, you're right, this is a beautiful day
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OP
God, what a difference we would have if the 2000 election went the other way. Al Gore with the blank check of post-911 approval? Real, meaningful climate action two whole decades earlier.
Fuck Florida forever.
Maybe those coal industry rich folks finally are going to start thinking of their grandchildren.
Looks like it's different income limits for used vs new: https://www.forbes.com/sites/matthe...he-tax-impact-of-the-inflation-reduction-act/
"Shadow army":
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Holy shit, if they cost that little thats a game changer.
Edit: ah you said hybrid not fully electric. Still.
Something that's really hilarious to me is that this bill has only passed the Senate, but everyone is acting like the bill's already law.
...and that's because nobody is questioning Pelosi's ability to get her caucus in line. đŸ˜†
She's probably already sent every D in the House an edible arrangement and a card with a thinly veiled threat attached.
...and that's because nobody is questioning Pelosi's ability to get her caucus in line. đŸ˜†
She's probably already sent every D in the House an edible arrangement and a card with a thinly veiled threat attached.
Listen, for bills that barely pass, with every vote counting, like this one and the ACA, you have to know that they absolutely pushed it as far as they could have. I can't fault Biden for anything here; it's a conservative country, and they did what they had the votes to do.
OP
OP
Glad to see some positive legislation. I know a lot of this is about the long term health of the country/world, but I'm just curious: will we see any sort of short term benefits from this bill while Biden is in office?
I ask because far too many people vote almost exclusively on money/economy and general hardlined R/D affiliations. Even if only 10% of the economic situation we have been in is Biden's fault, the perception of most people will be to blame him largely for it. So I'm curious if this would have any sort of positive effect in the economy or peoples personal perception of the economy before the next general election?
Sorry if this is a little off topic.
I ask because far too many people vote almost exclusively on money/economy and general hardlined R/D affiliations. Even if only 10% of the economic situation we have been in is Biden's fault, the perception of most people will be to blame him largely for it. So I'm curious if this would have any sort of positive effect in the economy or peoples personal perception of the economy before the next general election?
Sorry if this is a little off topic.
That's a funny sentiment, but I think it's worth pointing out to people who try to shit on Democrats and yell both sides on Era that 95% of Democrats want what's best for the country in situations like these and vote for it. Two Senators have spent the last two years largely preventing them from having the chance.
Do you not get the existing EV credit? Did you buy a Tesla so you don't qualify?
It's because Pelosi has been an incredibly effective and capable minority leader and Speaker for over a decade, no matter how much conservatives and ill-informed members of the left say otherwise.
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I want to enlist in the shadow army
ebike credit would be incredible but I would never realistically expect that to happen. Hatred for bikes in all shapes and form is one of those things you can get bipartisan agreements on.
View: https://twitter.com/lindsemcpherson/status/1556377220771454977
SALTers won't sink this, pretty much dead on certain it'll pass the house.
it'll absolutely pass, I was never really worried - the left wing of the house was saying the bill was ok basically as soon as it got released, and I didn't figure anything written by manchin would cause any issues for the Problem Causers Caucus. but it's nice to see them say it openly, lol
Just hope we can keep this up, glad Manchin and Sinema are actually participating in their party's big legislation now.
They need to participate in some filibuster carve-outs to do literally anything else at this point, sadly.
One of the largest drivers of inflation is corporate stock buy backs. The new tax on these buybacks will raise revenue and make these buybacks less profitable and therefore less attractive. Additionally, the huge investment in EV will reduce many people's reliance on gasoline, the prices of which are another large driver of inflation.
It's not a cure-all, but there's a lot of stuff in here that picks at inflation drivers while accomplishing other significant goals.
Lol
Single biggest investment in climate in world history—"half measure."
I mean, it's a 7.5k credit for electric vehicles (under certain conditions). Electric cars, plug-in hybrids, and fuel cell EVs. Depending on what you're going for, that's a big discount.
It isn't enough by itself, so yes it's a half measure. And I wasn't only talking about the climate part
I just can't imagine being an everyday normal person being against this. Fucking gop voters are the dumbest motherfuckers ever. They are like a pile of barely sentient rocks that do whatever their rich masters say. Like, fuck the future as long as poc suffer. Makes me so mad.
Good on the democrats though. Glad they are at least trying to save the future and help the people.
Good on the democrats though. Glad they are at least trying to save the future and help the people.
It's amazing that shit like this that just helps propagate Republican strategy is allowed.