TrumpTaxes

Trump needs unity among Republicans to pass his budget bill. Can he get it?
#trumptaxpolicy #TrumpTaxes

Congress returns to D.C. with plans to begin the detailed process of turning President Trump's domestic policy agenda into a multi-trillion dollar policy bill that is expected to touch everything from tax cuts and Pentagon funding increases to expanded border security spending — along with corresponding cuts to help balance the cost.

Republicans may control both the House and the Senate but they are already fighting an uphill battle to find consensus on major elements of the plan. Intra-party factions remain at odds with the fundamental budget framework that directs committees to start their work. The House barely approved that bill before a two-week holiday recess and they plan to begin the next steps this week.

#TrumpTaxProposal
#Trump2024 #TrumpTaxes

Extending the expiring 2017 Tax Cuts and Jobs Act (TCJA) would decrease federal tax revenue by $4.5 trillion from 2025 through 2034. Long-run GDP would be 1.1 percent higher, offsetting $710 billion, or 16 percent, of the revenue losses. Long-run GNP (a measure of American incomes) would only rise by 0.4 percent, as some of the benefits of the tax cuts and larger economy go to foreigners in the form of higher interest payments on the debt.
President Trump has called for permanent extension of the 2017 tax cuts, additional policies— including no taxes on tips, overtime pay, and Social Security benefits for retirees—as well as creation of a deduction for auto loan interest for American made cars. He has also promised higher taxes on US imports through a series of new tariffs.
Lawmakers will use the budget reconciliation process to enact new tax cuts. Reconciliation is a fast-track option that overcomes the Senate filibuster and can be used to enact tax, spending, and debt limit changes outlined in a budget resolution with specified targets or limits for deficit changes within the budget window

💰 Trump Ki Tariff Plan Se Americans Ko Milega Bada Tax Benefit! 📉🔥
$TRUMP

📢 Cointelegraph ke mutaabik, U.S. President Donald Trump ne ek naya plan propose kiya hai jisme federal income tax ko tariffs se replace kiya jayega! 🏛️💵 Isse har American ko lifetime me kam se kam $134,809 ki tax savings ho sakti hai. 😲📊

🔹 Agar state-level wage-based taxes bhi hata diye gaye, toh savings $325,561 per person tak badh sakti hai! 💰💸

🏆 Sabse zyada faayda in states ko hoga:

✅ New Jersey 🏙️

✅ New York 🗽

✅ Connecticut 📈

✅ Illinois 🌆

✅ Massachusetts 🏡

💡 Punit Jindal, founder of Dancing Numbers, ka kehna hai ki Trump ke plan se pehle ek 20% 'DOGE Dividend' tax refund aa sakta hai! 🐶💎 Ye immediate tax relief dega aur logon ko market me zyada invest karne ke liye encourage karega! 📈🔥

⚖️ Lekin kya tariff-based system se goods ke prices bhi badh sakte hain? 🤔 Yeh plan trade conflicts aur cost of living par kaise impact karega, ye dekhna abhi baaki hai! 👀📉

#TrumpTaxes 💰 #CryptoPolicy 🚀 #DOGE 🐶💎 #USATaxes