Biden's Plan to Extend Trump's Tax Cuts Would Cost More Than $2 Trillion: Analysis

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President Biden is calling for the individual tax cuts signed into law by former President Trump in 2017 to expire as scheduled after next year, but with one major exception: Anyone earning less than $400,000 per year will get to keep those cuts, with the burden of higher taxes falling only on businesses and the wealthy.The White House has contrasted its position with that of Trump, who, along with many other Republicans, has called for extending the tax cuts for everyone. The Congressional Budg

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