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Glenn Grothman: “So largely this is a tax cut for the rich, you think?”

Featuring: Glenn Grothman, Republican | U.S. House of Representatives, Wisconsin, District 6

Glenn Grothman Questions Inflation Reduction Act's Impact on Deficit and Tax Benefits

Published May 30, 2025 | Video Starts at 04:54

… I mentioned the statistic in my testimony that the largest corporations, I believe that's those with more than 25 billion in revenues received more than half of the major business. So largely this is a tax cut for the rich, you think? That's what it looks like to me. Now I'm almost running time so I got to go quick to Mr. Lieberman. These energy subsidies are responsible for enormous cost overall. (04:54–04:59)

CLAIM

Suggests that the Inflation Reduction Act is a tax cut for the rich.

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