To the Editor:
This letter is for those of you who do not vote, who don’t really care about “politics” and pay no attention to any of it. Please read on.
What happens in Washington, or in Des Moines, matters to you. It affects your own lives, your health, your rights and your finances.
The more progressive party in Washington has recently voted in some pretty cool stuff. These are some highlights from the Inflation Reduction Act:
Now, corporations making over a billion dollars will have to pay taxes - 15%, not 0%, and when they buy back their own stock, a 1% excise tax. Contrary to the opposing party lies, the more progressive party did not add taxes to everyday Americans.
Senior citizens on Medicare will have a lower cap on out-of-pocket expenses and Medicare will be able to negotiate some drug prices with those billionaire pharmaceutical companies.