"The billionaires are the people with the power to change whatever it is that we're trying to change," one man, Daniel, told Fox News. "We shouldn't vote for it if that’s something that’s not being addressed."
However, another man, Paul, said: "Passing a bill for the environment—anything that would help climate change, I'm for it. If the rich get a break, big deal."
The Senate passed the Democrats' Inflation Reduction Act on Sunday. This $433 billion spending bill included $369 billion in spending for climate endeavors while imposing a 15% minimum tax on corporations with more than $1 billion in annual profits. The legislation, at one point, included language that would have effectively increased taxes for the wealthiest in the country by altering laws for carried interest but was removed to secure Sen. Kyrsten Sinema's vote.
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"The whole bill is a mess," one man, Tom, told Fox News. "It’s a feel-good bill so the Democrats can say they did something and maybe they won't do so badly in the upcoming elections."
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"There are things in the tax code that allow people to write off various things, so, what are you what are you going to do?" he said.
Daniel said Democrats should vote against the bill until the assumed interest provision is added. As it currently is, carried interest – a share of an investment fund’s profits paid to executives – has a lower tax rate than other workers may see.
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"If they're not going to pay their share … I think that's something that needs to be tweaked in the bill," Daniel told Fox News.
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Another man, Zion, was uncertain about how much the bill could achieve.
"I don't really trust anything that the government has going on when it comes to the climate or when it comes to really anything," Zion told Fox News. He added that politicians already "failed humanity" with their inaction on climate change over the past two decades.
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Sens. Sen. Bernie Sanders of Vermont and Sen. Elizabeth Warren of Massachusetts, both liberals with a record of knocking financial "loopholes" voted for the Inflation Reduction Act. Ocasio-Cortez, known for her aggressive stance toward increasing taxes on billionaires, is set to vote on the bill Friday.
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"Climate change is something that's gone ignored for far too long," Max told Fox News. "If there are places where you have to compromise in order to get change done efficiently and quickly, I think it's just something that we have to take on right now."
Zion said he's lost faith in the government’s ability to help the average American.
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