#TrumpTaxCuts rumpTaxCuts

Trump’s Tax Cut Plans: What You Need to Know Before the 2025 Expiration

President Trump is pushing to extend and expand the 2017 tax cuts, which are set to expire on December 31, 2025. Here are the main points:

1.Keep Individual Tax Cuts Permanent

The current income tax cuts for individuals would stay in place, preventing an average tax increase of 22% for many families.

2.Lower Corporate Tax Rate

Trump wants to reduce the