Biden White House and GOP Prepare for Showdown Over Expiring 2017 Tax Cuts
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#3d0b08bc ver:0.66

The Biden White House and GOP are gearing up for a showdown over the expiring 2017 tax cuts. Biden wants higher rates on corporations and the ultra-wealthy to support the middle class, while Trump wants to extend middle-class tax cuts. If all the tax cuts expire, most households will pay more to the IRS. Biden's plan assumes all cuts will expire, but it's unclear how he'll lower the deficit. Extending all cuts would add $4.6 trillion to the debt. Republicans may need spending cuts to continue tax cuts without worsening finances. #TaxShowdown #BidenVsGOP...

#newstr #BidenWhiteHouse #Gop #2017TaxCuts #TaxFairness #Corporations #WealthyAmericans #MiddleClass #Trump #EconomicGrowth #TaxIncreases #BudgetDeficits #SpendingCuts 

 https://here.news/story/3d0b08bc?ver=0.66