What Are the Costs of the Trump Tax Cuts to

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From https://support.google.com/tagmanager/answer/6103696?hl=en Mntl.utilities.onLoad(function() { (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({‘gtm.start’:new Date().getTime(),event:’gtm.js’});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!=’dataLayer’?’&l=’+l:”;j.async=true;defer=true;j.src=’//www.googletagmanager.com/gtm.js?id=’+i+dl;f.parentNode.insertBefore(j,f);})(window,document,’script’,’dataLayer’,’GTM-5P3SZGS’); }); var dataLayer = dataLayer || []; dataLayer.push({ event: ‘ab-proctor’, ‘abTests-proctor’: { “99-0” : “useOxygen | useOxygen | use the Oxygenated ad unit format and slot names | 1” , “99-1” : “orion | active | Active | 1” , “74” : “typographyUpdate | variableFonts | variableFonts – typography update | 1” , “99-3” : “useFloorSearch | active | search API flooring system | 1” , “99-4” : “trackGBR | enabled | in test, tracking subId appended to GBR iframe src | 1” , “99-5” : “scAdSettings | config3 | config 3. 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Instead, it could add $2.3 trillion to the debt.”}; var scrolledPageData = {}; var scrolledDocOrdinal; var scrolledPage; pageViewDataAsJSON.breakpointName = Money.utilities.getW(); pageViewDataAsJSON.bounceExchangeId = ‘1948’; pageViewDataAsJSON.descriptiveTaxonomy = ‘32688,24259,32703’; if ( pageViewDataAsJSON.experienceTypeName == ‘continuous’ ) { if (window.dataLayer && window.dataLayer.length) { //loop through events and collect previous scrolledDocOrdinal and scrolledPage values scrolledPageData = window.dataLayer.reduce( (acc, curr) => { if (curr.event == ‘unifiedPageview’) { acc.scrolledDocOrdinal = acc.scrolledDocOrdinal ? acc.scrolledDocOrdinal + 1 : 1; acc.scrolledPage = acc.scrolledPage ? acc.scrolledPage + ” | ” + (curr.documentId).toString() : (curr.documentId).toString(); } return acc; }, {}); } scrolledPage = scrolledPageData.scrolledPage ? scrolledPageData.scrolledPage + ‘ | ‘ + (pageViewDataAsJSON.documentId).toString() : (pageViewDataAsJSON.documentId).toString(); scrolledDocOrdinal = scrolledPageData.scrolledDocOrdinal ? scrolledPageData.scrolledDocOrdinal + 1 : 1; pageViewDataAsJSON.scrolledPage = scrolledPage; pageViewDataAsJSON.scrolledDocOrdinal = scrolledDocOrdinal; } Mntl.utilities.onLoad(function() { Mntl.PageView.init(pageViewDataAsJSON); }); })();]]> The TCJA's corporate tax cuts are permanent, but its individual cuts expire after the 2025 tax year. Congress may decide to extend them or make them permanent, however.” } } , { “@type”: “Question”, “name”: “Who benefited from the Trump tax cuts?”, “acceptedAnswer”: { “@type”: “Answer”, “text”: “

Various reports show that the TCJA lowered taxes for most Americans. However, analyses have also shown that the overall effects have largely benefited corporations and wealthy Americans more than middle-class and low-wage workers. The corporate tax cuts, in particular, failed to translate to the promised wage and economic growth.” } } ] } ] } ]]]>

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