
Republicans are gearing up for an ambitious 100-day agenda with President-elect Donald Trump in the White House and GOP lawmakers in a congressional majority. The top priority on their list is renewing approximately $4 trillion in expiring GOP tax cuts, a significant achievement of Trump's first term.
The tax cuts, a hallmark of Trump's initial presidency, primarily benefited higher-income households, with the top 1% receiving a substantial income tax cut. The discussions around these tax cuts will reignite debates on income inequality and the government's role in addressing it.