Policymakers and the public should understand that the 2017 Trump tax law was skewed to the rich, was expensive and eroded the U.S. revenue base, and failed to deliver promised economic benefits. A 2025 course correction is needed.
True, but we always tie tax cuts to the President who signed them, and congress has the option, next year, to make the 2017 tax cuts permanent. If you read TFA, much of their analysis concerns the cumulative effect of Bush and Trump tax cuts, and it’s really just their call to action that specifically addresses the Trump cuts.
True, but we always tie tax cuts to the President who signed them, and congress has the option, next year, to make the 2017 tax cuts permanent. If you read TFA, much of their analysis concerns the cumulative effect of Bush and Trump tax cuts, and it’s really just their call to action that specifically addresses the Trump cuts.