Sat, March 15, 2025
Fri, March 14, 2025
[ Fri, Mar 14th ] - Yahoo
The End of Politics
Thu, March 13, 2025
Wed, March 12, 2025
Tue, March 11, 2025
Mon, March 10, 2025
Sun, March 9, 2025
Sat, March 8, 2025
[ Sat, Mar 08th ] - Wired
What's Driving Tesla's Woes?
Fri, March 7, 2025
[ Fri, Mar 07th ] - CounterPunch
Cyberpunk Nation

Trump's tax cuts could expire by year's end. Which ones are they?


//politics-government.news-articles.net/content/ .. ld-expire-by-year-s-end-which-ones-are-they.html
Published in Politics and Government on Monday, March 10th 2025 at 10:41 GMT by WBTW   Print publication without navigation

  • Sixty-two percent of taxpayers could face a tax increase if the Tax Cuts and Jobs Act expires at the end of the year.

The article from WBTW discusses the potential expiration of several tax cuts implemented by former President Donald Trump through the Tax Cuts and Jobs Act (TCJA) of 2017. Key provisions set to expire by the end of 2025 include the reduction of individual income tax rates, the doubling of the standard deduction, an increase in the child tax credit, and the estate tax exemption. Additionally, the corporate tax rate cut from 35% to 21% could also be at risk if not extended by Congress. The expiration of these tax cuts could lead to higher taxes for many Americans and businesses unless Congress acts to extend or modify them. The article highlights the political debate surrounding these tax policies, with some Republicans advocating for their permanence, while Democrats have expressed interest in allowing certain cuts to lapse or in altering them to fund other priorities.

Read the Full WBTW Article at:
[ https://www.wbtw.com/news/politics/trumps-tax-cuts-could-expire-by-years-end-which-ones-are-they/ ]

Publication Contributing Sources