What the GOP's Tax Plan Might Actually Look Like

News November 12, 2024 at 03:55 PM
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  • The most likely path forward is a reconciliation-based process that would allow lawmakers to fast-track extensions of the 2017 tax cuts, Anna Tylor and Jonathan Traub of Deloitte say.
  • Such a process could make immediate adjustments to Social Security funding difficult.
  • The Deloitte experts are confident that the historically high estate tax exemption is here to stay.
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