Legally Counter the Inflation Reduction Act of 2022

Sovereign Confidential

Alert

In this resource we've covered...

Well, Congress did it


They exhumed the remains of the 2021 “Build Back Better Act,” brushed off, reshaped and slimmed down the bill, rebranded it as the “Inflation Reduction Act” (IRA), and then passed it.

Oh, and then they immediately pivoted, and referred to the passed legislation as their “energy and climate” initiative. That’s at least honest. Politicians’ grand battle plan against climate change is clearly in motion. Plenty of their green energy company allies will immensely benefit from the billions funneled their way.

But many middle class and upper-middle class US taxpayers will be collateral damage. In the coming years, higher taxes, higher costs passed on by higher-taxed corporations and sustained inflation will be a tough trifecta to handle. 

But now’s not the time to lose your wits and throw up your hands. There are still legal solutions to mitigate or avoid onerous taxation. There are still strategies to deal with inflation. 

To present inflation-protection and tax-savings solutions, we consulted with our trusted tax attorney. We’ll cover these, plus the high-level details of the IRA, in today’s SMC Alert.

“Well, the ‘Build Back Better Act’ sure looks dead
With [West Virginia Senator] Joe Manchin not on board, there’s no way they’ll pass the bill before the 2022 midterm elections.” That’s a snippet of a conversation between a Sovereign Man team member and our tax attorney from back in April 2022. He agreed with the sentiment. …

- Members Only Content -
You need to be a member of Sovereign Confidential to access this content.

Neither this document, nor any content presented by our organization, is intended to provide personal tax or financial advice. This information is intended to be used and must be used for information purposes only. We are not investment or tax advisors, and this should not be considered advice. It is very important to do your own analysis before making any investment or employing any tax strategy. You should consider your own personal circumstances and speak with professional advisors before making any investment. The information contained in this report is based on our own research, opinions, as well as representations made by company management. We believe the information presented in this report to be true and accurate at the time of publication but do not guarantee the accuracy of every statement, nor guarantee that the information will not change in the future. It is important that you independently research any information that you wish to rely upon, whether for the purpose of making an investment or tax decision, or otherwise. No content on the website (SchiffSovereign.com) or related sites, nor any content in this email, report, or related content, constitutes, nor should be understood as constituting, a recommendation to enter into any securities transactions or to engage in any of the investment strategies presented here, nor an offer of securities. Schiff Sovereign employees, officers, and directors may participate in any investment described in this content when legally permissible, and do so on the same investment terms as subscribers. Schiff Sovereign employees, officers, and directors receive NO fundraising commissions from companies who appear in this report.