President Biden is deservedly receiving praise for his landmark bill, the Inflation Reduction Act. From the historic climate change policy to the improvements in health care to the minimum tax on large corporations and the stepped-up IRS enforcement of wealthy individuals, this bill is a win for average Americans. Finally, after the Reagan, Bush and Trump tax cuts for big corporations and big money, which has left the top 1% of U.S. earners holding more wealth than all of the middle class, Main Street has a president who is putting the middle class ahead of the donor class.
This bill does not include everything the president wanted and that we need, but this is how democracy works. People compromise. We hammer out our differences to come to a consensus.
But compromise is clearly lacking in the GOP. Not one Republican voted for this bill. Not one. This highlights the stranglehold the party apparatus has over its members. Legislators vote not for the good of their constituents but how they must to stay in the good graces of their political party, which controls the money for campaigning.
Because of past GOP tax cuts, $50 trillion of wealth has transferred from middle America to the top 1%. If your legislator voted against the Inflation Reduction Act but for Trump’s tax cuts for the wealthy, vote them out.
Gloria Gralewski
Manor