President Biden signed the Inflation Reduction Act into law! Are you curious about how the IRA will impact you? Take a look at the highlights.

Cutting Health Care Costs: Health care will be more affordable for over 10 million people because the IRA extends Affordable Care Act subsidies through 2025.

Creating Green Jobs: The IRA invests in the green energy sector, creating millions of clean energy jobs and cutting the average household’s energy costs by an average of $500 per year.

Catching Wealthy Tax Cheats: The IRA adds funding to the IRS in order to catch wealthy tax cheats and puts the extra tax revenue toward fighting climate change.

Closing Wealthy Tax Loopholes: The IRA’s tax on stock buybacks will help slow the flood of corporate profits to the wealthy investor class, encouraging companies to invest in their workers instead.




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