LogFAQs > #966990066

s0nicfan posted...

How does a bill that has $400B in credits and subsidies, paid for with a tax that will raise $300B over a decade, reduce inflation with the $300B they're saying is set aside to reduce the deficit? Am I taking crazy pills here? The bill costs $100B more than it raises just for the tax incentives, BEFORE setting aside another $300B for deficit reduction.

as shown, the bill raises 700b and sets 300b of that aside as deficit reduction

i see users ignoring what emblem-man posted and repeating incorrect information so i think we need to repeat this statement a few dozen times while hitting them with a hammer

also the answer is "because companies currently pay taxes on their profits, since sometimes evading taxes costs more than the taxes do"