Moody’s team of economists has determined that the bill would make a small and immediate dent in inflation by taxing corporations,

Taxing the one entity that has control over pricing doesn't seem a wise way to curb inflation. The tax will simply be added to the cost of production/business and may even be given its share of profit margins.

This "might" make some sense if the tax funded anything beneficial, but it doesn't. The US dollar is self-funding when it is spent and the monopoly issuer, Congress, has an infinite supply of them to use in deploying resources in the private sector. It can "afford" anything it can resource, including any excess labor the private sector rejects.

We will not see a stable economy until Americans get over their resistance to the economic reality of a fiat currency. We should be talking about establishing a federal job guarantee that would pay a livable wage with full benefits available to anyone who wants it.

This would end using workers as pawns in fighting inflation and could put much of our federal spending on autopilot, injecting money into segments and areas where it is needed with much more precision than our political system now allows. In our conversations surrounding the workforce, the need for people to mitigate the effects of the run-away freight train of climate change is entirely left out, by design.

Using the federal government's ability to create money as needed in such a manner would also "pin" our economy to the hour of work, creating less need for extraction to support a constantly increasing GDP. This would also remove the ability our politicians have to blackmail business and investors with threats of "pay for" taxation to support the public purpose and disentangle government from business in its economics.