1.Select two new/modified tax proposals in the INFLATION REDUCTION ACT (2022 new

1.Select two new/modified tax proposals in the INFLATION REDUCTION ACT (2022 new tax law) AS THEY RELATE TO INDIVIDUAL TAXPAYERS, and provide details regarding these items. Reference the material that is impacted to the chapter and topic that we covered in our course. For example, if there is a change to depreciation, please indicate that it impacts chapter 8, depreciation. Explain your response with one paragraph of five to six sentences. You MUST include the source of your research. and 2.What Is Federal Student Loan Debt Relief? Write a five to six sentence paragraph explaining the act and address two reasons why this is a good idea and two reasons why you would oppose this. Be sure to explain your answer. 3. Review your classmates’ comments. Locate one of the “good idea” comments and write a three to six sentence paragraph as to why someone might disagree with the position. Explain your response.