Seriously!! Your issue is that they are temporary. How about getting idiot dems to vote on making them permanent.
Mr. Fuckhead.......WHAT PREVENTED YOUR CORRUPT REPUBLICAN MAJORITY........
.NOW........FROM MAKING THEM "PERMANENT".........lol
Go on answer THAT little dilemma for your half brain.......
1. To get the bill to qualify with Senate rules
Republicans are attempting to pass the bill, the Tax Cuts and Jobs Act (TCJA), through the process known as budget reconciliation. The process allows Republicans to avoid a Democratic filibuster and pass the bill on a party-line vote, but it comes with strings attached.
One of the rules included in the reconciliation process is known as the Byrd rule. A provision within that rule stipulates that any bill going through reconciliation cannot add to the federal deficit outside of 10 years.
Sen. Orrin Hatch, chair of the Senate Finance Committee and author of the bill, has admitted that the original version of the Senate's TCJA did not meet such a requirement. Making the individual cuts temporary could allow the bill to meet those requirements.
2. To try and get companies to invest more
The policy rationale is that if a company believes the tax relief would be temporary, it would make short-term investments to maximize benefits within the window while eschewing long-term investment that could reap benefits in the longer-term.
In a study on a temporary corporate tax cut versus a permanent tax cut, the Tax Foundation found that short-term investments under a temporary cut would considerably mute the economic boost of cutting taxes on businesses.
Since the boost to economic growth and investment has been a key selling point for Republican leaders, anything that would dampen that investment would undermine the GOP's central argument.
3. To try to kick the can to a future Congress
Finally, there's a fairly simple political argument that Republicans can make to defend the sunset of the individual tax cuts: Congress would never let it happen.
Hatch and the GOP are banking that a future Congress would not allow the tax breaks to go away when they come up in 2025 — effectively enacting a tax increase on millions of Americans — but pass a bill to extend these cuts.
That would follow a similar playbook to tax cuts passed under President George W. Bush. Because of the same concerns about reconciliation, that legislation sunset individual tax cuts. In 2013, however, Congress extended those cuts with the American Taxpayer Relief Act, rather than letting people's tax bills jump. The cuts for certain incomes were allowed to expire.
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This stuff is available online, how about educating yourself...dumbass.
