Trump Tax Cuts to Expire: Here’s How Much You’ll Pay

Published on January 26, 2024

As the Biden administration this week signaled it is aiming to push for some of the Trump-era tax cuts, slated to expire at the end of next year, Americans may have to pay more in taxes unless Congress doesn’t renew it. U.S. Treasury Secretary Janet Yellen said this week that the Biden administration is looking to extend portions of former President Donald Trump’s Tax Cut and Jobs Act measure that was passed in 2017 and is slated to expire as of Dec. 31, 2025. “The president is clearly focused on tax fairness,” she stated. “He’s going to be focused on making sure that tax cuts disappear for those corporations, and we’re not negotiating new tax breaks for wealthy individuals.”...

Continue reading on website
Other news

White House Says Republicans Can View Unredacted Jan. 6 Transcripts

January 26, 2024
Republicans can view transcripts from witnesses interviewed by the House of Representatives committee that investigated the Jan. 6, 2021, breach of the U.S. Capitol, but only if GOP members abide by certain conditions, the White House said in a new letter.Rep. Barry Loudermilk (R-Ga.), chairman of the House Administration Committee’s Oversight Subcommittee, has been seeking the transcripts as he l

UN Court Orders Israel to Prevent Harm to Civilians in Gaza but Does Not Order a Cease-Fire

January 26, 2024
The International Court of Justice (ICJ), the United Nation’s top court, has ordered Israel to take added measures to prevent harm to civilians and to preserve evidence related to allegations of genocide in Israel’s ongoing war against the Hamas terrorist group in the Gaza Strip but has stopped short of ordering a cease-fire.The ICJ issued the order on Friday, in response to an ongoing case brough