Average earners' tax bills would fall under House tax package, forecasters say

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Average earners' tax bills would fall under House tax package, forecasters say

^{Published on 2025-05-14 01:00:36 - Politico}

The report is likely to roil the partisan battle over who would benefit the most under the plan, as Democrats insist the wealthy would end up far better off than others.

The content at the provided URL discusses a new tax package passed by the House, which, according to forecasters, is set to reduce the average tax bills for taxpayers. This package includes various tax cuts and adjustments aimed at providing relief to middle-class families. The article highlights the bipartisan support for the bill, although some Democrats expressed concerns about its long-term impact on the federal deficit. Additionally, the package is expected to stimulate economic growth by increasing disposable income for many Americans.

Read the Full Politico Article at:
[ https://www.politico.com/live-updates/2025/05/13/congress/average-taxpayers-tax-bills-set-to-fall-under-house-tax-package-forecasters-say-00347318 ]

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