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Missouri U.S. Rep Jason Smith: "The Democrats' Inflation Act is a recipe for a disaster. Nearly 50% of the NEW taxes in their plan..."

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Jason Smith tweeted the following:

"The Democrats' Inflation Act is a recipe for a disaster. Nearly 50% of the NEW taxes in their plan will fall on Americans making less than $400,000."
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Here are other recent tweets from Jason Smith:

"Analyses show that the so-called Inflation Reduction Act doesn't actually reduce inflation. And there's a reason why. For starters, $22 billion is added to the debt in the first 5yrs. How does that help todays inflation crisis?
republicans-budget.house.gov/press-release/" on Aug. 5
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"Families are already paying a $5,900 inflation tax this year but now Washington Democrats want to raise taxes again. To do that, they're spending $80 billion to supercharge the IRS to hire 87,000 new agents to target more Americans." on Aug. 5
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"Bidens American Rescue Plan was full of garbage policies. Now Portland, Oregon is spending nearly $1.2 million from ARP on actual trash cans. At least now there will be more trash cans to throw the Democrats new reckless tax and spending reconciliation bill into." on Aug. 5
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