Atlinflation Reduction Act 2024 Update


Atlinflation Reduction Act 2024 Update. Biden signed the landmark inflation reduction act, which provides nearly $400 billion to support clean energy and address climate change,. The inflation reduction act provides $8.8 billion for states to lower energy costs and increase efficiency in american homes with rebates for electric appliances and upgrades.


Atlinflation Reduction Act 2024 Update

The inflation reduction act provides a 10 percent bonus for clean energy projects that use domestically produced steel, iron, and manufactured products. Taxes are poised to rise under the inflation reduction act, which passed in august 2022, but the increases target very large corporations and the richest americans.

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