Inflation Reduction Act 'a mess' after billionaire tax hike was removed, AOC's constituents sound off
Fox News
Rep. Alexandria Ocasio-Cortez's constituents weighed in on how the Inflation Reduction Act kept the carried interest loophole, but addressed climate change.
Teny Sahakian is an Associate Producer/Writer for Fox News. Follow Teny on Twitter at @tenysahakian.
But another man, Paul, said: "Passing a bill for environment—anything that would help climate change, I'm for it. If the rich get a break, big deal."
The Senate on Sunday passed the Democrats' Inflation Reduction Act, a $433 billion spending bill which included $369 billion in spending for climate initiatives while imposing a 15% minimum tax on corporations with more than $1 billion in annual profits. The legislation at one point included language that would have effectively raised taxes for the richest in the country by changing rules for carried interest, but was removed to secure Sen. Kyrsten Sinema's vote.
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