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Cairo Rental Zone Breakdown: Old Rental Law Districts

بعد تقسيم مناطق القاهرة وفقا لتعديل قانون‌ الإيجار القديم، ينشر اليوم السابع تقسيم مناطق النزهة ومدينة نصر، والتي جاءت بين متميزة ⁤ومتوسطة واقتصادية، وجاءت كالتالى.

مناطق النزهة

جاء تقسيم مناطق النزهة كلها متميزة وتشمل “النزهة 1 والنزهة 2 والمطار”.

المناطق المتميزة

What is the Inflation Reduction ‍act?

The Inflation Reduction Act ⁢(IRA) is⁢ a United States⁢ federal law enacted on August 16, 2022, that aims to lower healthcare costs, address climate change, and raise taxes on large corporations.

the IRA represents a significant investment in clean⁣ energy ⁢and climate ⁣change ⁤mitigation, offering tax credits and incentives for renewable energy production, energy efficiency improvements, and electric vehicle adoption.It also ‍allows Medicare to negotiate prescription drug prices,⁣ a long-sought goal of ‍Democrats,⁤ and extends Affordable Care Act ‍(ACA) subsidies. ​funding‍ for these provisions is largely offset by a⁣ 15% minimum tax on corporations with ‍over $1 billion in profits and⁤ increased‌ IRS tax enforcement.

Example/Evidence: The Congressional Budget Office (CBO) estimated in‌ July 2022 ‌that the ⁤IRA would reduce the federal deficit by $300 billion over the‌ next 10​ years. The law allocates ⁢approximately $369 billion to energy security and climate change, including tax credits for solar, wind, and other renewable energy sources. CBO Report ‌on ⁤the Inflation⁤ Reduction⁣ Act

Key Provisions of the Inflation Reduction Act

Healthcare Provisions

The Inflation Reduction Act significantly alters the landscape​ of prescription drug pricing in the ​United States by allowing Medicare to ‍negotiate prices for certain​ high-cost drugs.

prior to the⁣ IRA, Medicare was prohibited from‌ directly negotiating drug prices with ​pharmaceutical companies. The law allows the ⁢Secretary of Health‍ and Human Services to negotiate the prices of 10 drugs, starting in 2026, with the number increasing over time. It also‍ caps out-of-pocket ‌prescription drug costs for Medicare beneficiaries at $2,000 per year,beginning in 2025.⁤ ⁤ Furthermore, the IRA extends enhanced ​premium​ tax credits for health insurance purchased through the ⁢Affordable Care Act⁣ marketplaces through 2025.

Example/Evidence: According to the Centers for Medicare & ⁣Medicaid Services (CMS), approximately 55 million Medicare beneficiaries are expected to benefit from the lower drug ⁢prices and the $2,000 out-of-pocket cap. CMS Fact⁤ Sheet on IRA healthcare Provisions

Climate Change Provisions

The Inflation Reduction Act represents the largest ‌investment in climate action⁣ in U.S. history, providing significant incentives for ⁣clean energy development ⁣and deployment.

The law includes tax credits for renewable energy production, such as solar and wind power, as well as incentives for energy efficiency improvements in homes and businesses. It also provides funding for electric​ vehicle (EV) tax credits, aiming to accelerate the adoption of EVs and reduce transportation emissions. Additionally, the IRA invests in climate resilience measures to help communities adapt to ​the impacts⁢ of climate change.

Example/Evidence: The IRA provides a⁢ tax credit of up to $7,500 for the purchase of a new electric vehicle, subject to certain income and vehicle price limitations. ‍ the law also allocates $60 billion for environmental justice initiatives, targeting investments in ⁢disadvantaged communities. Department of Energy – Inflation ‌Reduction Act

Tax Provisions

The Inflation Reduction Act⁤ introduces new tax provisions primarily aimed at large corporations and high-income earners to help fund its other initiatives.

A key provision is a 15% minimum tax on corporations with over $1 ‍billion in average ‍annual profits, calculated without considering certain tax breaks and deductions.This aims to ensure that profitable corporations pay a minimum level of tax. The IRA also increases funding for the Internal Revenue Service (IRS) to enhance tax enforcement, with the‍ goal of collecting more revenue from tax evasion and non-compliance.

Example/Evidence: ⁣ The Joint‌ Commitee on Taxation estimates that the 15% corporate minimum tax will generate approximately $252.4 billion in revenue ⁢over the next 10 years. The IRA provides the IRS with $80 billion in funding over the next decade, ⁤with a significant portion dedicated to improving tax enforcement.Joint⁤ Committee​ on Taxation Publications

Political Context and⁢ Passage

The Inflation Reduction Act was passed along party lines in the Senate and House of⁣ Representatives after a prolonged period of negotiations.

The bill faced opposition from Republicans, who argued that it would increase‍ inflation and harm the economy. Democrats, though, maintained that it would lower costs for families, address climate change, and promote economic fairness. The bill’s passage‍ was facilitated by Senator Joe Manchin’s agreement to support the legislation after months⁣ of uncertainty. It was signed into law by President ​Joe Biden on August 16, 2022.

Example/Evidence: ‍The Senate passed the Inflation Reduction Act on August 7, ‍2022, by a vote of 51-50, with Vice President Kamala Harris casting the tie-breaking vote. The House⁤ of Representatives passed the bill on ⁤August 12,2022,by a vote of 220-207. GovTrack.us – H.R.5376 – Inflation Reduction⁣ Act of‍ 2022

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