The Inflation Reduction Act Proposed, Episode 24, Ron Cohen
This week Ron Cohen talks about: The proposed Inflation Reduction Act, Senator Sinema & the Manchin/Schumer Build Back Better Bill & The problem with multi-variable computations!
Follow up on last week’s podcast:
1) I may have been wrong! Corporate Welfare? The Student teaches the teacher!
2) Taiwan is 80 miles from the China coast…not 10 as I said.
Inflation Reduction Act proposal Show Notes:
Inflation Reduction Act – Draft Bill
https://www.documentcloud.org/documents/22122279-inflation-reduction-act-of-2022
Senate Finance Committee Report saying it raises taxes at low income levels:
https://www.finance.senate.gov/imo/media/doc/jct_distributional_effects_inflation_reduction_act.pdf
Deloitte Report:
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/Tax/us-tax-taxnewsandviews-220729.pdf
Sen. Sinema may be on the fence?
https://www.vox.com/policy-and-politics/23282983/inflation-reduction-act-kyrsten-sinema-josh-gottheimer
Sen. Manchin does not answer the question:
https://www.cnn.com/2022/08/01/politics/kyrsten-sinema-democrats-big-week-for-biden-presidency/index.html
Please let us know if there are specific topics you’d like to hear about in future episodes.
Ron Cohen,
CPA, Partner at Greenstein, Rogoff, Olsen & Co., LLP CPAs & Advisors
Email: rcohen@groco.com
510.797.8661
Click here to listen to more from Ron.
Click here, then scroll down, to see Ron’s bio.
To receive GROCO’s free newsletter, click here.
Click here to learn more about Greenstein, Rogoff, Olsen & Co., LLP (GROCO.com) Advisors to the ultra-affluent.
Robert Zuccaro – Why this is the Worst Environment for Bond Investors
Interview Transcript of: Robert Zuccaro – Why this is the Worst Environment for Bond Investors Aaron: Hey, welcome to American dreams. I’m here today, right now with Robert SU carro and he is one of our investment market gurus out there. And I’m how are you doing today, Robert? Robert: Very well. Aaron: So w…
Scott Donnell – Helping Kids Understand Money
Financial literacy is one of the most important skills for individuals to acquire especially for children as they grow up and venture into the world. But how do parents go about teaching financial skills in a meaningful way? Scott Donnell has created an app, GravyStack, which helps parents teach their children the necessary financial skills…
Chad Willardson – Teaching Kids Values
Children need to be taught about the uses of money; how to spend it; how to make it; even how to invest it. “How is that possible?” Is the question that many people pose. Chad Willardson describes how parents can effectively teach their children how to make and use money. Episode Transcript of: Chad…
Avoid Tax Audit Tips 4, 5, & 6 (of 10)
Avoid Tax Audit, Tips 4, 5, & 6 (of 10) From our series of the top 10 ways to avoid a tax audit, we thought we would go into greater detail as to how our list was created and delve into each suggestion. Today we will address the top three tips from our article posted…