President Donald Trump’s approach to economic growth relies on a multifaceted approach that includes reducing wasteful federal spending, placing tariffs on foreign goods, and perhaps most significantly, extending the sweeping slate of tax cuts he implemented in his first term for all Americans.
Those tax cuts, which Americans have been benefiting from for the past seven years, are set to expire unless Congress acts to extend them, and President Trump is working overtime to ensure they remain in place.
My account informed me a couple of years ago that they expired already. My taxes most certainly reflect that. Not sure where this info is truly from. I am kind of surprised that Trump didn't have some kind of retro-active cuts for 2024 like he did in 2016. Also surprised that he allocated so much to the AI technocrat prison guards and MRNA shots. You remember the Oracle guy right?
ReplyDeleteI think the cuts are still in effect but due to expire next year.
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