Inflation

TL/DR - Senator Ted Cruz is introducing a bill to repeal the 'natural gas tax' in the Inflation Reduction Act (IRA), which allows the Environmental Protection Agency to impose fines on energy companies that emit more methane than permitted. The bill is supported by several organizations, including the Independent Petroleum Producers of America…

TL/DR - President Joe Biden attributed the increased cost of Super Bowl parties to corporate greed and "shrinkflation," a practice where companies reduce the size or quantity of their products while keeping the price the same. However, the author criticizes this stance, attributing the rise in living costs to the fiscal irresponsibility of the…

TL/DR - Inflation in the US is at a peak not seen in four decades and is considered to be suppressing the national economy and individual opportunities. Many Americans believe their current standard of living is worse than that of their parents, contradicting the traditional American dream. The majority also report that their income is not…

Boosted IRS Funding - A Positive Impact on Taxpayers? Many taxpayers have faced difficulties with their taxes for years, partly due to the IRS being underfunded. However, with the Inflation Reduction Act granting the IRS $80 billion in funding over a 10-year period, the taxpayer experience may soon improve. While part of these funds will be…