Suckers! Trump Era Tax Cuts Are Set To Expire — Here’s How Much More You’ll Pay

[IM2]

He made the tax cuts to end in 2025 because he thought he would get a second term. But now they about about to end.

When 2025 draws to a close, so will many of the sweeping Trump-era GOP tax breaks established by the Tax Cuts and Jobs Act (TCJA) of 2017. While the legislation made some tax cuts to corporate profit permanent, lowered individual tax rates will expire on Dec. 31, 2025, and will revert to pre-TCJA levels.

MSN

 

[Anomalism]

Why are you happy about this? Do you not pay taxes? Lol

 

[theHawk]

At the end of 2025?

/yawn

 

[The Irish Ram]

Re-elect Trump so he can make them permanent...

 

[MisterBeale]

He made the tax cuts to end in 2025 because he thought he would get a second term. But now they about about to end.

When 2025 draws to a close, so will many of the sweeping Trump-era GOP tax breaks established by the Tax Cuts and Jobs Act (TCJA) of 2017. While the legislation made some tax cuts to corporate profit permanent, lowered individual tax rates will expire on Dec. 31, 2025, and will revert to pre-TCJA levels.

MSN

So? Is this . . . yoar official campaign ad, and endorsement in favor of Trump?

 

[Smokin' OP]

Trump weighing 10 percent middle-class tax cut plan​

Politico
https://www.politico.com › news › 2020/02/14 › trum...
Feb 14, 2020 — President Donald Trump's long-promised “Tax Cuts 2.0” plan will be released in September, with a 10 percent cut for middle-income taxpayers ...

Trump Era Tax Cuts Are Set To Expire — Here's How Much ...​

When 2025 draws to a close, so will many of the sweeping Trump-era GOP tax breaks established by the Tax Cuts and Jobs Act (TCJA) of 2017. While the legislation made some tax cuts to corporate profit permanent, lowered individual tax rates will expire on Dec. 31, 2025, and will revert to pre-TCJA levels.​

​

 

[Smokin' OP]

So? Is this . . . yoar official campaign ad, and endorsement in favor of Trump?

Sure, just like last time?

 

[ThunderKiss1965]

He made the tax cuts to end in 2025 because he thought he would get a second term. But now they about about to end.

When 2025 draws to a close, so will many of the sweeping Trump-era GOP tax breaks established by the Tax Cuts and Jobs Act (TCJA) of 2017. While the legislation made some tax cuts to corporate profit permanent, lowered individual tax rates will expire on Dec. 31, 2025, and will revert to pre-TCJA levels.

MSN

The corporate tax is a thinly veiled sales tax. If you think business don't pass that cost to the consumer you are a moron.

 

[wamose]

I hope they don't let them expire. I was taxed over three thousand dollars a year less because of those cuts. VIVA Trump. MAGA

 

[BackAgain]

The idiot OP thinks the rational folks are “suckers” because the Potato is too demented to extend the beneficial Trump tax cuts.

 

[22lcidw]

Notice Progs have spoken not a word. The cries will be huge and venomous as the fools keep voting for Prog people who have agendas that have their own voters threatening their own safety.

 

[kyzr]

Tax cuts won't be extended.

Entitlements need to be "fixed"

The deficit needs to be reduced and the budget balanced

If not, the dollar crashes and the US becomes Greece or Venezuela

That $34T Debt means every American owes $100,000. That is what our elected reps have been doing in DC.

 

[Dr.Know]

Democrats would not go along with extended tax cuts and the Village Idiot in the whitehouse tried to reverse all of Trumps cuts.
Companies will start laying off people by the thousands and I bet many of hate TRUMP.

 

[Burgermeister]

Tax cuts won't be extended.

Entitlements need to be "fixed"

The deficit needs to be reduced and the budget balanced

If not, the dollar crashes and the US becomes Greece or Venezuela

That $34T Debt means every American owes $100,000. That is what our elected reps have been doing in DC.

Once again, tax revenues are not the issue, and anyway they went up drastically after the Trump tax cuts.

 

[JWBooth]

He made the tax cuts to end in 2025 because he thought he would get a second term. But now they about about to end.

When 2025 draws to a close, so will many of the sweeping Trump-era GOP tax breaks established by the Tax Cuts and Jobs Act (TCJA) of 2017. While the legislation made some tax cuts to corporate profit permanent, lowered individual tax rates will expire on Dec. 31, 2025, and will revert to pre-TCJA levels.

MSN

Odd endorsement for re-electing Trump and making the cuts permanent.

 

[Nostra]

He made the tax cuts to end in 2025 because he thought he would get a second term. But now they about about to end.

When 2025 draws to a close, so will many of the sweeping Trump-era GOP tax breaks established by the Tax Cuts and Jobs Act (TCJA) of 2017. While the legislation made some tax cuts to corporate profit permanent, lowered individual tax rates will expire on Dec. 31, 2025, and will revert to pre-TCJA levels.

MSN

Didn't Dimwingers control everything the first two years of Tater's regime? Why didn't they make them permanent?

 

[pknopp]

Don't forget that when the Bush tax cuts were supposed to end, Obama extended most of them.

 

[kyzr]

Once again, tax revenues are not the issue, and anyway they went up drastically after the Trump tax cuts.

Why stop the chart at 2021? Revenue dropped after 2022. It looks like the Fed raising interest rates and the GDP has more of an effect on the economy than tax cuts. We need more revenue, the tax cuts need to end after 2025.

I do agree that spending needs to be cut drastically. Here are the last few Federal Budgets & Deficits based on wiki.
2023 $6.1T - $4.4T = $1.7T deficit
2022 $6.3T - $4.9T = $1.4T deficit
2021 $6.8T - $4.0T = $2.8T deficit
2020 $6.5T - $3.4T = $3.1T deficit
2019 $4.4T - $3.4T = $1.0T deficit this looks like the last sane budget, can we cut $1.7T?????????????????

Fiscal Data Explains Federal Revenue

Check out @FiscalService Fiscal Data’s new federal revenue page! #FederalRevenue

fiscaldata.treasury.gov

 

[Lisa558]

All the more reason to elect Trump and Congressional Republicans and get an extension.

 

[kyzr]

Don't forget that when the Bush tax cuts were supposed to end, Obama extended most of them.

Big money donors control both parties.