Birds fly. Fish swim. Republicans lie.
These are three facts of nature and politics, and the GOP has reinforced this reality with its latest bald-faced lie about the Inflation Reduction Act, which passed the Senate yesterday and is heading to the House.
Here’s how it goes. The nonpartisan Joint Committee on Taxation released a report saying that the bill would raise taxes on the middle class. I don’t see how they can say that because, as economist Paul Krugman points out in a New York Times’ column, the fact is the only tax increase would be a 15-percent minimum tax on corporations making more than $1 billion a year.
Krugman writes in his piece, tilted Republicans Flail and Fail on Taxes: “The act wouldn’t raise personal income taxes on anyone. Full stop. It just wouldn’t.”