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The IRA creates or expands tax credits for various technologies, rather than imposing a generalized penalty for emissions, such as a carbon tax.

United statesCody kallenGarrett watsonAlex duranteWilliam mcbrideHuaqun liLung disability trust fundEnvironmental protection agencyCongressional research serviceCongressional budget officeTax foundationInflation reduction actInfrastructure investmentJobs actSuperfund tax has small revenueYear conventional revenue