#TrumpTaxCuts

What could ruin America is the failure to work. A new report from the Council of Economic Advisers shows that extending Trump's tax cuts will ease the burden on Americans after years of ongoing inflation under Biden.

Real wages are expected to rise by up to $3,300 annually.

The net income of middle-income families is expected to increase by up to $5,000 annually.

Real GDP is expected to rise in the short term by between 3.3% and 3.8%, while long-term real GDP will rise by between 2.6% and 3.2%.

Saving 4.1 million jobs from destruction.

Affected communities will receive up to $100 billion in investments.

If Congress does not extend the tax cuts enacted by Trump, Americans will face the largest tax increase in history:

The average taxpayer will see a tax increase of 22% ($4 trillion).

Taxes on the average family of four will increase by $1,700.

The child tax credit will be halved for 40 million families.

Almost every taxpayer will see their guaranteed deduction cut in half.