Inflation Reduction Act: Who Qualifies For Tax Credits And Rebates

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The Inflation Reduction Act contains many incentives to go green as the legislation includes thousands of dollars in tax credits and rebates that cover purchases like electric vehicles, solar panels, or other energy-efficient upgrades to homes. NBC News’ Joshua Johnson sits down with Ibrahim AlHusseini, founder of an investment firm that helps climate-critical infrastructure technology to discuss who may be eligible for these incentives.

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the great news is everybody will be qualified to receive higher inflation

occamselectricrazor
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Inflation reduction act. Right…Remember that every time you go to the grocery store.

brutussmithers
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Inflation reduction act that spends more money, huh

alext
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if you give consent they will lock you out that's what happened here in Colorado during the heatwave when people with smart thermostats was literally locked out to "conserve electricity"

KILLKING
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Wow $7k off a $40k+ car is still going to be $30k plus………

iamenergizer
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As the stock market tumbles and utility bills skyrockets.

letsgobrandon
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Inflation reduction 😆 😆 🤣. We just keeping getting butt f'd no lube

GirthVaderxx
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If everyone gets an electric car and is charging at night 3:21, then the peak time will be at night. I don't think that guy thought that thru very well.

xrpm
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Moot point when Electric Car manufacturers raise the cost plus TAX CREDITS (you have to have money to burn in this economy) are only good for EV's made here.

STapia-hfvp
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Love it. If you spend money, you don’t have because we’re busy spending it, we will give you some back. Inflation reduction? Trying hard to sell the garbage.

jasontaylor
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The rich get richer and the poor get punished. Surprised

kristingallo
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So, what you’re really saying is, corporations that can afford millions to invest in green energy will reap the most rewards when it comes to tax benefits? How does this help the average American still paying astronomical prices to utility providers for services that have payed for themselves 10 fold decades ago? How does “taxing the rich” work when they can already afford to not pay any taxes at all?

Instead of increasing the tax rate, how about getting rid of the incentives that encourage haphazard legal tax evasion that only the rich can afford to not pay through those incentives?

ryanwilson
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So you talked about the green new discussed nothing about fixing INFLATION REDUCTION was all a gimmick.

mark-
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When is the inflation supposed to be reduced?😂🤣

garysmith
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What does "going green" and cutting taxes do to reduce the amount of money they printed to pay off debts? if anything giving out more money instead of burning it to deflate just makes it worse.

jiroumochidzuki
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So the inflation reduction act is buy green energy how does that reduce inflation?

louisgunn
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Inflation reduction act.... love the joke everytime I hear it🤣🤣🤣🤣

Zen-fe
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No one benefits. Good luck in November

erkyderky
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Big question: WHY HAVENT WE REVOLTED YET!?

spookymiraclepreacher
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I'm sure it does exactly opposite of what they call the act

snoopygirl