Hundreds Of Business Groups Warn Of ‘Largest Tax Increase In American History’ If Trump Cuts Allowed To Expire

More than 500 industry groups issued a collective warning Thursday, urging the next Congress and administration to avoid enacting what would be the largest tax hikes in U.S. history. Potential tax increases could come when the Trump administration's Tax Cuts and Jobs Act of 2017 (TCJA) expires at the end of 2025, letter The coalition […]
Trump tax cuts expire after 2025. Here's how the presidential election could affect your taxes – CNBC

As the presidential election approaches, experts are sounding the alarm about the looming expiration of the Tax Cuts and Jobs Act of 2017 (TCJA). Without congressional action, trillions of dollars in tax cuts enacted by former President Donald Trump through the TCJA will expire after 2025. The outcome of the 2024 election will determine which […]