http://twitchy.com/sarahd-313035/2022/08/15/watch-jennifer-granholm-helpfully-confirms-that-the-inflation-reduction-act-wont-do-a-damn-thing-to-help-regular-americans/
In case you missed the recent breaking news, the so-called “Inflation Reduction Act” will not actually do anything to reduce inflation. Oh well. At least the IRS will get a bunch of new auditors, right? So it won’t have been a complete waste of taxpayers’ money!
And speaking of taxpayers’ money, all you taxpayers out there who are worried that the last thing you need right now is to be funding stuff like a beefed-up IRS and a bunch of health care and climate change crap can maybe rest a little bit easier knowing that, according to Energy Jennifer Granholm, there are some pretty simple things taxpayers can do to recoup some of that money:
Ian Miles Cheong (@stillgray) ~ Inflation? What inflation? Can't afford to pay for anything? Well, no worries, says Jennifer Granholm. You'll receive a tax credit for installing an electric charging station in your home.
http://twitter.com/i/status/1558819585692151808
There are SO many clueless idiots in the Biden administration that it is hard to determine which one is the biggest moron, but Granholm is certainly one of the front-runners.
Want a tax credit? Easy-peasy! Just buy some new energy-efficient windows and appliances! Put some solar panels on your roof! Go get yourself a new electric car! And then get yourself a charging station so you can power up that car at home! Invest the tens and tens of thousands of dollars you don’t have this year into a bunch of crap that you can’t afford and you’ll get to hold onto a little more of your money, which you can then use to purchase things like food and clothing, which will only continue to get more expensive!
Walking Dad (@wlkingdad) ~ So they take our money via taxes then make us install solar panels to get 30 percent of it back.
Sounds like a pretty sweet deal. Can’t believe we ever thought Dems didn’t care about us regular Americans. Boy, were we wrong.
Pam D (@soirchick) ~ Which will, of course, trigger an audit.
That’s why the IRS needed that $80 billion. Get it?
Gotta get those credits back somehow, right?!
Re-Coyle (@DeniseCoyle1320) ~ For an average home/American
Solar panels
$45,000
Electric car $60,000
Hurricane windows
$25,000
Charging station
$800
Keep in mind that’s new debt on your credit. Good luck when you really need a loan, and they tell you your debt to income ratio is too high.
unapologetic american (@Nickpop86) ~ Not even close for cost of charging station, im an electrician and i wont install one for less than $2k.
{Cont.} And $2k is for perfect conditions and within 10’ of panel. Nevermind if you need a service upgrade because your panel cant handle a car charger being added.
But you can get a 30% tax credit when you do your 2022 tax return.
Keith B (@KeithBl95077249) ~ Struggling with inflation? Great news, just purchase an electric car, a charging station and solar panels and you'll get a tax credit of 30%.
30%. That’s almost 31%! It’s like winning the Powerball, practically.
Kennedy 75 (@Kennedys75) ~ Yeah, I just watched this … even the CNN host questions how much this really helps reduce inflation. The average American whos paying $400 more per month on groceries etc. are not going to be helped by tax credits for buying solar panels or EV’s. This was a climate & health bill.
Real Deal (@Real_Deal_CNeal) ~ So, you need disposable income that you can spend on appliances& solar panels to earn tax credits where as the people most hurt by inflation are the ones that do not have disposable income. this bill doesn't do anything but hurt the average American it was to push the green agenda.
Of course it was. Now, stop whining and buy that Tesla.
nick “dark lindy”quist (@nick_lindquist) ~ Translation: the bill only helps the rich.
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence