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The passage of the THRIVE Act prioritized renewable, environmentally sound, ethically sourced energy production, from development to deployment. With policy changes in taxation and increased regulation governing corporations and philanthropic wealth, our economy became more regenerative, and everyone had the resources they needed to thrive.
Taxation is mildly deflationary, since, by definition, taxes reduce the money available for consumer purchases. The provision is estimated to have reduced childhood poverty by 41 percent , lifting 3.7 million children out of poverty in 2021. percent increase from the $4.9 trillion in revenue in Fiscal Year 2022.
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