Last Updated:
09/12/22 6:14PM
Status:
Capital Losses Inflation Credit
A good way to protect the middle class of America is to protect them from inflation and wealth inequality.
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Inflation and wealth inequality are two areas in which we can focus to better serve the middle class. In this proposed bill we are building a plan that will allow Americans to write off yearly inflation on their taxes. This write-off would expire at a certain income based on filing status which is still to be determined. Wealth inequality is getting worse and worse and we need to start trialing less extreme measures of balancing wealth inequality, and reducing poverty.