Are you ready for “Tax Cut 2.0”? Congressional leaders say they’ll bring another tax-cut package to a vote in the House within a few months.
Why go back to the same issue so soon? Because most of the tax cuts enacted last year aren’t permanent. If they aren’t extended, taxes will go back up in the future.
The 2017 reforms were a serious effort to fix an onerous and growth-inhibiting tax code. Thanks to the tax cuts, the typical American household will pocket an additional $1,400 this year. If Congress doubles down on tax reform this year, the benefits will keep getting bigger. …Read More On The Washington Times