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Tax Armageddon now on horizon for America

Benjamin Franklin famously wrote in 1789 that “our new Constitution is now established and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.” Death and taxes are fated. However, are enormous tax hikes also a fait accompli? Is it a certainty – ‘an accomplished fact’ – that the White House and Congress will repeal tax reforms that worked? Tax breaks that helped small business owners and families.     ....

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Tax Armageddon Day is coming | The Highland County Press

This year everyone (who pays taxes) knows that Tuesday, April 18 was Tax Day. What we need to know is that Dec. 31, 2025, will be a devastating day for most taxpayers – Tax Armageddon Day. As Franklin warned, “nothing can be said to be certain, except death and taxes.” However, Dec. 31, 2025 doesn’t have to be a fait accompli, not if Congress acts and the American people go to the polls in 2024 knowing that tax hikes are coming in 2026. ....

United States , White House , District Of Columbia , Jerry Rogers , Kevina Hassett , Alfredo Ortiz , Stephen Moore , Benjamin Franklin , Donald Trump , Steve Moore , Realclearpolicy Ortiz , Congressional Budget Office , Republicans In Congress , Job Creators Network , Tax Cuts , Jobs Act , President Trump , Congressional Democrats , Washington Examiner , Laffer Curve , Small Business , New Normal , American Small Business Prosperity Plan , Tax Armageddon ,