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If Donald Trump is re-elected as president, and assuming Congress cooperates, there will be significant changes to personal and business income taxes. Trump’s main tax policy goal is to make the Tax Cuts and Jobs Act (TCJA) permanent, which was passed during his first term. Some parts of the TCJA have already expired or are being phased out, and the majority of the other provisions will expire by the end of 2025.
Supporters of these tax cuts say they drive economic growth. Opponents are concerned about the impact on government spending and budget deficits. Regardless, below are ten of the most
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