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Saturday, July 19, 2025

Illinois U.S. Rep Mike Quigley: "I know inflation is weighing on the minds of millions of Americans. This bill will ease those worries,..."

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Mike Quigley tweeted the following:

"I know inflation is weighing on the minds of millions of Americans.
This bill will ease those worries, and tackle the inflation rate head-on by achieving hundreds of billions in deficit reduction. #InflationReductionAct"
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Here are other recent tweets from Mike Quigley:

"Overall, #InflationReductionAct will raise over $700 billion without raising taxes on anyone earning less than $400,000 a year.
And it will reduce the deficit by more than $300 billion, unlike the 2017 Republican tax bill, which will add $1.9 trillion to deficits over 10 years."
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"Nurses, firefighters, cops, and teachers often pay higher tax rates than companies with $1 billion in profit per year.
It's unfair, and today that comes to an end. #InflationReductionAct"
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"It will also impose a 15% minimum tax for corporations making $1 billion or more in income.
This means corporations that report billions of dollars in revenue to their shareholders, have to pay taxes on those earnings. #InflationReductionAct"
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