#TrumpTaxCuts The Trump tax cuts, officially known as the Tax Cuts and Jobs Act were passed.

Most individual tax cuts from the law are set to expire at the end of 2025 unless Congress renews them.

As of April 2025, there’s a big debate in Washington over whether to extend those cuts or let them expire.

Republicans want to make the cuts permanent, saying they helped the economy and gave families more take-home pay.

Democrats argue they mostly benefited the wealthy and ballooned the national deficit.

Middle-class taxpayers could see higher taxes in 2026 if nothing changes.

Businesses got big breaks under the TCJA, and those cuts were permanent.

Many Americans are now watching closely to see how this will impact their 2025 returns and future finances.

It’s a hot issue leading into the 2025 political season.