Saturday, September 21, 2024

Rich, Green BidenBuddies Get Tax Cuts

You always suspected this.  Now there's proof.

...President Joe Biden’s Inflation Reduction Act expanded a tax credit program meant to incentivize homeowners to buy solar panels and other green technologies, but most of the tax breaks are going to families that can already afford the renovations.

The top 25 percent richest households in the U.S. got two-thirds of the tax credits, amounting to $5.5 billion. The bottom 25 percent got only $32 million, according to Politico’s E&E News....

Even worse:  that Top 25% could purchase the "green" crapola without any sort of taxpayer subsidy.

So in essence, it was a giveaway plan for BidenBuddies.

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