The Inflation Reduction Acts is a massive medical, tax, and climate bill that the House passed late last week. Today, Paul and Arlene talk about the 1% tax on stock buybacks, the 15% minimum tax for certain companies, Medicare pharmaceutical negotiations, and a boon for certain sectors related to clean energy. Listen along as Paul and Arlene help investors understand how the bill might help Americans and what might just be showmanship. Later in the episode, the discussion centers on if the Fed was too hasty in raising interest rates. Paul and Arlene talk about why speculation around interest rates and Social Security COLAs is unhelpful.
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