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How Taxes Will Be Shaped by the 2024 Elections
By
Julia Press
Analysis May 28, 2024 at 12:01 PM
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What You Need To Know
- Some of the 2017 tax cuts expire next year, and a nasty battle is brewing about renewing them.
- The changes meant small businesses could write off a fifth of their earnings; they also expanded tax credits for families with more kids.
- Biden has said he wants to keep all of the 2017 individual tax cuts in place for people making under $400,000.
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