Hidden Tax Hikes in the Massive Spending Bill
Rep. Darrell Issa, R‑Ca., joined ‘Kennedy’ to discuss Democratic Sen. Joe Manchin saying the Inflation Reduction Act will not raise taxes on Americans earning less than $400,000. The sweeping climate, health care and tax bill that Senate Democrats passed Sunday includes one of the biggest tax hikes in decades, including a new levy for corporations that repurchase their own stock. The Inflation Reduction Act of 2022, which passed along party lines with Democrats employing the budget reconciliation process, would raise an estimated $739 billion over the next …