Hi John, I recently had the privilege of discussing the importance of extending the 2017 Tax Cuts and Jobs Act on C-SPAN. This issue affects every American family, and I wanted to share some key insights from our conversation. The tax cuts expire at the end of 2025. If Congress does not act, most Americans will see their taxes soar overnight. If you agree that tax cuts are essential, I encourage you to watch my interview. Here’s what’s at stake if these tax cuts expire: - Families could see tax hikes nationwide, as much as $2,400 in Pennsylvania and $3,500 in Nevada per year.
- The progress that enabled 6 million people to receive pay raises, bonuses, or increased retirement contributions would stall, putting future growth of this kind at risk.
- Small businesses would face added financial burdens when they need relief the most.
These tax cuts have been game-changing for millions of hardworking Americans by increasing financial opportunities, lowering tax burdens, and fostering record-breaking economic growth. Now, we’re fighting to ensure those benefits don’t slip away. To hear more about how these policies have impacted millions of lives — and why they must be extended — I invite you to watch the full interview. |