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Biden’s tax hikes on highest earners are unlikely make it through Congress. Another issue: Trump-era tax cuts for individuals expire in 2025.

Por: MarketWatch Business March 09, 2023

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There’s slim chance Biden’s tax-hike proposals become law anytime soon, considering the Republican majority in the House. It’s about political messages ahead of the 2024 presidential race, according to observers.Trump’s tax cuts for the rich will soon come to an end But the sun will soon set on Trump-era tax rules related to marginal rates, standard deduction amounts, the child tax credit and other provisions These rules were part of the... + full article



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