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Kiplinger
Kiplinger
Business
Kelley R. Taylor

2025 Tax Reform: Are Trump and the GOP Actually Planning to Raise Taxes?

United States Capitol Building.

As the debate over the future of the Tax Cuts and Jobs Act (TCJA) intensifies, an unexpected question has emerged. Are Republicans in Congress seriously considering raising taxes on millionaires to help pay for Trump’s next round of tax cuts?

Recent remarks from President Donald Trump and some of his advisors have shifted this idea from the political fringe to a real topic of discussion.

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