packages, the ira being the one that may ultimately have the biggest impact. but a couple other things, remember the infrastructure bill? $550 billion for everything from a lot of transportation but broadband, utility upgrades and things like that. that money is being spent now. as it gets spent, obviously, companies have to build facilities, create jobs and so on to produce the materials that are needed to build out all of this spending. lastly, remember the chips act which is about $52 billion of government tax incentives and grants for r&d for semiconductors. now, semiconductors are not just an economic benefit to us but a huge national security benefit to get more of that production here, currently in taiwan and other places that are not as secure. so you ve had this huge increase in the number of semiconductor projects that have been announced, over $200 billion of projects. again, all over the country, a
Beverly Moran
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American Taxes Are Wildly Complicated – Here s Why the IRS Doesn t Just Send Us a Bill
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