March 10, 2023

MarketWatch: Biden’s Tax Hikes for the Rich are Unlikely to Pass. The Bigger Debate: Trump-era Tax Cuts that End in 2025.

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For five years, most Americans have seen lower income-tax rates and tapped a bigger standard deduction, but without congressional action before the end of 2025, the rules could still revert to levels set long before the pandemic blindsided households and inflation raged.

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