[ad_1] The GOP solution to inflation: Tax cuts. Criticized for failing to explain how they would slow inflation, Hill Republicans began rolling out some ideas, including some tax initiatives. House Ways and Means Committee Republican Proposed The Tax Cuts and Jobs Act made personal tax cuts permanent and urged the Biden administration to reduce tariffs (many of which were imposed by President Trump). At the same time, Sen. Chuck Grassley and three other GOP senators raise income limit $400,000 for a 3.8% net investment income tax and index it for…