Repeal of provision in the Inflation Reduction Act would help wealthy people and big corporations cheat on their taxes, at the expense of Wisconsin taxpayers
Monday, January 9, 2022
MADISON, Wis.—After a chaotic start to their tenure leading the House of Representatives, the very first bill House Republicans are bringing to the floor will help wealthy people and big corporations cheat on their taxes, at the expense of Wisconsin workers and families. Eliminating this provision of the Inflation Reduction Act means that super-wealthy and business tax cheats will be able to continue to avoid paying some $160 billion a year – increasing the federal deficit by $114 billion over the next decade, according to the Congressional Budget Office. Opportunity Wisconsin is calling on Representatives Derrick Van Orden and Bryan Steil to vote against this out-of-touch proposal.
Meghan Roh, Opportunity Wisconsin Program Director:
“Last year, President Joe Biden and elected leaders like Senator Tammy Baldwin passed landmark legislation to make the wealthy and big corporations pay their fair share, including preventing them from cheating on the taxes they already owe. And now, instead of working to bring down costs for folks across the Badger State, House Republicans are prioritizing the wealthy and well-connected over Wisconsin workers and families. We’re calling on Representatives Van Orden and Steil to make clear where they stand by rejecting this partisan play by House leadership and instead put the people of Wisconsin first.”
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