Stories Related to Republicans Consider Letting Tax Cuts For Families Expire Sooner

Congressional Republicans are looking at shortening the duration of tax cuts that their plan would give to families and individuals, a leading lawmaker said Thursday. That change would free up more revenue for additional changes to their tax overhaul, but it could also heighten complaints that the bill prioritizes cuts for corporations over households. Under a tax overhaul bill passed by the Senate earlier this month, tax cuts for all American households would expire at the end of 2025.

Sections:  u.s.   
Topics:  Maine   Cumberland County   Portland   
BING NEWS:
  • Five reasons to make the Trump tax cuts permanent
    No issue defines the diametrically opposite economic philosophies of President Biden and former President Donald Trump than their position on the Trump tax cuts. Mr. Trump wants to make those tax cuts ...
    06/2/2024 - 1:02 pm | View Link
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    Mr. Hacker and Mr. Pierson are the authors of “Let Them Eat Tweets​: How the Right Rules in an Age of Extreme Inequality.” To many Americans, the 2024 election is an unwelcome contest between the ...
    05/30/2024 - 5:01 am | View Link
  • Tracking the Fallout of State Tax Cuts
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    05/30/2024 - 2:08 am | View Link
  • Tax cuts for wealthy can't justify Trump vote.
    I am writing in response to the reader who believes that all Maryland taxpayers were helped by Donald Trump’s tax cuts and who foresees a total demise of society when they end ( “Economy will take a ...
    05/28/2024 - 11:17 am | View Link
  • Republicans’ $4 Trillion Question: Should They Pay for Extending Trump Tax Cuts?
    WASHINGTON—Republicans want to extend the Trump-era tax cuts that lapse after 2025. A big point of debate now: Should they cover any or all of the $4 trillion cost—and how? The question pits ...
    05/27/2024 - 11:00 pm | View Link
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