For subscribers: Column: Rep. Mike Levin lands in the middle of Inflation Reduction Act tax dispute

Contributing sentiments towards policy:

63% : The bill includes big incentives for renewable energy and electric vehicles.
59% : The measure also includes a three-year extension of Affordable Care Act subsidies for health insurance.
49% : Citing an analysis by the congressional Joint Committee on Taxation, The Washington Post said the bill would mean those with incomes below $200,000 would pay almost $17 billion in combined additional tax in 2023.
48% : "A complete distributional analysis of the full bill would show lower costs or taxes for all but the highest-wealth individuals," said Marc Goldwein, senior vice president at the Committee for a Responsible Federal Budget.
42% : There's no dispute the legislation raises hundreds of billions of dollars by increasing taxes on corporations and people earning at least $400,000 annually.
41% : "And, oh, by the way," he told KPBS, "(it is) not raising taxes on anybody making less than $400,000 dollars a year."
33% : But the legislation will add to the cumulative mix of this politically volatile summer: the Supreme Court's overturning of the Roe v. Wade constitutional right to abortion, the U.S. killing of al-Qaeda's top leader, the pending bill in Congress to codify same-sex marriage nationwide, the continuing Jan. 6 investigations, and, as always, the ongoing controversies involving Trump.
31% : The $400,000 threshold is significant because Biden, as a candidate, said he would not raise taxes on people with income below that.
22% : Sen. Mike Crapo of Idaho, the senior Republican on the Senate Finance Committee, called the claim that Biden had not broken his pledge a mere "technical argument.""It will raise billions of dollars in taxes on Americans making less than $400,000," he said.

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