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22% Tax Hike Coming if Trump Cuts Expire: Ways and Means Chief
News March 12, 2025 at 09:42 AM
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What You Need To Know
- The expiration of the 2017 tax cuts would mean rate increases in every tax bracket.
- But first, Congress must pass a spending bill.
- A tax bill is "no home run," and everything is on the table, including retirement planning incentives, Rep. Jason Smith says.
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