Rep. Alexandria Ocasio-Cortez's constituents weighed in on how the Inflation Reduction Act kept the carried interest loophole, but addressed climate change.
AS INFLATION REDUCTION ACT MOVES THROUGH CONGRESS, AMERICANS WEIGH IN ON IMPORTANCE OF CLIMATE INITIATIVES"The whole bill is a mess," one man, Tom, told Fox News."It’s a feel-good bill so the Democrats can say they did something and maybe they won't do so badly in the upcoming elections."
Daniel said Democrats should vote against the bill until the carried interest provision is added back in. As it stands, carried interest – a share of an investment fund's profits paid to executives – has a lower tax rate than other workers may see. "I don't really trust anything that the government has going on when it comes to the climate or when it comes to really anything," Zion told Fox News. He added that politicians already"failed humanity" with their inaction on climate change over the past two decades.
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