使用Player FM应用程序离线!
Parts of the massive Trump tax cuts are expiring, providing an opportunity to change course
Manage episode 428403404 series 2949074
Next year, 2025, is setting up to be a pivotal year when it comes to how our nation raises the money needed to pay for public services — things like health, housing, the nation’s safety net, and more.
The reason for this dates back to 2017. That year, Congress enacted the Tax Cuts and Jobs Act, better known as the Trump tax cuts. This tax package contained massive changes to our tax system that mostly amounted to huge tax cuts for the rich and corporations. For procedural reasons, as well as to mask the true costs of these massive tax cuts, Congress made some parts of the Tax Cuts and Jobs Act temporary. It gave them an expiration date. And that expiration date is 2025.
The expiration of parts of the Trump Tax plan offers an opportunity to reassess our nation’s tax policy, explains Samantha Jacoby, Deputy Director of Federal Tax Policy at the Center on Budget and Policy Priorities.
47集单集
Manage episode 428403404 series 2949074
Next year, 2025, is setting up to be a pivotal year when it comes to how our nation raises the money needed to pay for public services — things like health, housing, the nation’s safety net, and more.
The reason for this dates back to 2017. That year, Congress enacted the Tax Cuts and Jobs Act, better known as the Trump tax cuts. This tax package contained massive changes to our tax system that mostly amounted to huge tax cuts for the rich and corporations. For procedural reasons, as well as to mask the true costs of these massive tax cuts, Congress made some parts of the Tax Cuts and Jobs Act temporary. It gave them an expiration date. And that expiration date is 2025.
The expiration of parts of the Trump Tax plan offers an opportunity to reassess our nation’s tax policy, explains Samantha Jacoby, Deputy Director of Federal Tax Policy at the Center on Budget and Policy Priorities.
47集单集
所有剧集
×欢迎使用Player FM
Player FM正在网上搜索高质量的播客,以便您现在享受。它是最好的播客应用程序,适用于安卓、iPhone和网络。注册以跨设备同步订阅。