The price of food is up 13%, electricity 15.5%, gasoline 18.2%, rent 7.2%, and health insurance 28%.
But what’s Biden’s “plan” to combat inflation? Telling people they can get a tax credit if they buy a specific type of new coffee machine.
Biden on his plan to lower inflation: if you buy "an efficient coffee machine, you get a tax credit for it." pic.twitter.com/AA8n2UN7GP
— RNC Research (@RNCResearch) October 15, 2022
The so-called “Inflation Reduction Act” was never a plan to reduce inflation – Biden’s rambling and the fact that inflation is accelerating prove that.
Instead, it was a “plan” to raise the tax burden on Americans making as little as $20,000 a year and to send out 87,000 IRS enforcers after the middle class and small businesses. All the while millions of families struggle to afford food. One thing is clear: a new coffee machine won’t solve that.