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Senate Majority Leader Chuck Schumer (D-N.Y.) speaks during a news conference about the Inflation Reduction Act outside the U.S. Capitol in Washington on Aug. 4, 2022. Drew Angerer/Getty Images
The Inflation Reduction Act, approved by both houses of Congress and signed into law by President Joe Biden, includes a 15 percent corporate minimum tax, which will be a major step toward increased government powers and forced globalization, on top of being detrimental to the economy.
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
