The Truth About the Inflation Reduction Act – Kim Kiyosaki, @TomWheelwrightCPA

Written by

The Rich Dad Channel

December 13, 2022

In 2022, President Joe Biden signed the Inflation Reduction Act which “aims to curb inflation by reducing the deficit, lowering prescription drug prices, and investing into domestic energy production while promoting clean energy.” Today’s guest argues that it does none of those things. 

Tom Wheelwright, the author of Win-Win Wealth Strategy:  7 Investments the Government Will Pay You to Make, says, “There’s nothing in there that reduces inflation. In fact, I call it the ‘Inflation Enhancement Act’.” 

Additionally, Wheelwright explains the impact this Act will have on businesses through the removal of some of the common tax deductions that business owners are currently receiving.  

Host Kim Kiyosaki and guest Tom Wheelwright discuss analyze and discuss the impact and effects of the Inflation Reduction Act, and the five things you can invest in to protect your wealth.  

Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks:

Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more.

“Net returns” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the sale date. IRR may not be indicative of Masterworks paintings not yet sold, and past performance is not indicative of future results. See important Reg A disclosures:

Masterworks’ offerings are filed with the SEC. View all past and current offerings here.

Facebook: @RobertKiyosaki

Twitter: @TheRealKiyosaki

Instagram: @TheRealKiyosaki

This post was originally published on this site