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Inflation Cuts Bill 'Chaos' After Billionaire Tax Hike Dropped, AOC Members Silent

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Alexandria Rep. Ocasio-Cortez voters on how Democrats removed billionaire-affecting tax hikes from inflation cuts bill to pass huge appropriations bill and its climate initiative Discussed.

"Millionaires are people who really have the power to change whatever we are trying to change," a man named Daniel told Fox News. If it's something that isn't addressed, you shouldn't vote."

But another man, Paul, said, "I'm in favor of passing environmental legislation if it contributes to climate change." If a rich man takes a day off, it's a big deal."

On Sunday, the Senate passed the Democrats' Inflation Reduction Act. The bill included his $433 billion spending bill, which includes $369 billion in spending on climate action, while imposing a minimum tax rate of 15% on businesses. Over $1 billion in annual profits. At one point, the bill included language that would effectively raise taxes for the richest people in the country by changing the effective interest rules, but Senator Kirsten Cinema's vote Removed to ensure.

Americans debate importance of tackling climate change as anti-inflation bill passes Congress

Tom, one of Rep. Alexandria Ocasio-Coretez's constituents, discusses climate change.

Tom, a member of Congress Alexandria Ocasio-Coatez, discusses climate change. doing.

"The whole bill is a mess," a man named Tom told Fox News. 

"There are things in the tax code that allow people to write off a variety of things. So , what are you going to do?" he said.

Daniel said Democrats should vote against the bill until the carry forward provision is added. As it stands, interest carried forward (the portion of investment fund profits that goes to directors) is taxed at a lower rate than other workers. you might see

Democrats rely on misleading messages to sell the Manchin-Schumer bill

If they're not going to pay their share...I think that definitely needs to be tweaked in the bill," Daniel told Fox News.

Daniel, another resident in AOC's district, discusses carried interest. 

Daniel, another resident of the AOC district, discusses Carried Interest.  ( )

Another man, Shion, was skeptical about how much the bill could actually accomplish.

Democrats' 2024 decisions could be swayed by major appropriation bill victories

I don't trust anything "about the climate, or anything really about it," Zion told Fox News. , added that they have already "failed humanity." 

Vermont Senators Bernie Sanders and Massachusetts Sen. A liberal with a history of hitting 83}, he voted in favor of the Inflation Reduction Act. Ocasio-Cortez, known for his aggressive stance on raising taxes on billionaires, is set to put the bill to a vote on Friday.

Zion, a New Yorker, says he's lost faith in government.

Zion the New Yorker is the government. (Fox New)

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"Climate change has been neglected for too long," Max told Fox News. If there's a place where we have to compromise to do it quickly, I think that's what we have to work on now."

Zion will helpthe average American.

"It always has a higher social and economic status than people like me and people living in this area. It will be for the betterment and protection of the people," he said.