How much will it cost to let the Tax Cuts and Jobs Act expire?

How much will it cost to let the Tax Cuts and Jobs Act expire?

President Donald Trump is renewing his call to Congress to pass the Tax Cuts and Jobs Act, or as he calls it, “one big, beautiful bill.” The 2017 law is set to expire at the end of the year and could cost taxpayers thousands the next time they file. A new Fabrizio, Lee & Associates poll found an overwhelming percent of voters believe they will struggle to pay for everyday expenses if taxes were to rise. Regardless of political association, taxes…

GOP uprising could force House to scrap $500B of Trump's tax cuts: report

In yet another blow to Congressional Republicans' efforts to pass President Donald Trump's "big, beautiful bill" on tax cuts, energy deregulation, and border security, enough lawmakers in the House have drawn a line in the sand that could force Republicans' to cut $500 billion worth of their planned tax cuts from the bill, Politico reported on Wednesday."Nothing is final, and Republicans are still hoping for a full $4.5 trillion tax cut, but the…

CoinStats - Donald Trump Promises Historic Tax Cuts for M...

On May 8th, 2023, former President Donald Trump announced via his social media platform, Truth Social, ambitious proposals aimed at reshaping the economic landscape. He emphasized significant reforms in tax […]

CfG President McIntosh Statement on Possible ‘Scaled Back’ Tax Cuts

Washington, D.C. – Club for Growth President issued the following statement after reports suggest that Republicans are looking to scale back tax cuts: “Scaling back the size and scope of the $4 trillion tax cut will help the Democrats raise taxes. This is not a serious option, and it is political suicide.” – David McIntosh, President, Club for Growth. The post CfG President McIntosh Statement on Possible ‘Scaled Back’ Tax Cuts appeared first on …

Looming Economic Trap for Republicans as Trump's 'Tax Cuts' Have No Cut for Most People

The Daily is journalism for the people, not the billionaires. Please support our work by becoming a subscriber.Subscribe nowBrendan Buck, a former top aide to Republican Speakers McCarthy, Ryan, and Boehner, thinks Republicans are in a “developing economic trap.”“After more than 100 days of President Trump marked by overreach and economic self-immolation, congressional Republicans need a reset to save their political fortunes,” he warns in a New…