Asian Spectator

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Will the Inflation Reduction Act actually reduce inflation? How will the corporate minimum tax work? An economist has answers

  • Written by Nirupama Rao, Assistant Professor of Business Economics and Public Policy, University of Michigan
Will the Inflation Reduction Act actually reduce inflation? How will the corporate minimum tax work? An economist has answersDon't expect the Inflation Reduction Act to bring down prices all that much.AP Photo/David Zalubowski

The U.S. is about to spend US$490 billion over 10 years on reducing greenhouse gas emissions, improving health care and reducing the federal deficit. Where’s all that money coming from?

We asked University of Michigan economist Nirupama Rao to...

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