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Rep. Burchett Introduces the Trump Tariff Rebate Act
Summary by The Iowa Standard
1 Articles
1 Articles
Rep. Burchett Introduces the Trump Tariff Rebate Act
Last week, Congressman Tim Burchett introduced the Trump Tariff Rebate Act (TTRA). The legislation would increase the standard deduction for all taxpaying Americans. By increasing the standard deduction, taxpayers would be placed in lower tax brackets, resulting in lower annual tax obligations. Thanks to President Trump’s tariff revenue, taxes could be lowered through the TTRA. The Trump Tariff Rebate Act (TTRA) includes the following standard d…
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