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Donald Trump’s election win signals changes in tax policies that could shape the financial future for middle-class Americans.. While President-elect Trump promised to lower taxes for most ...
If he were to win an extension of the 2017 tax cuts, it would mean the standard deduction would remain at elevated levels, rather than being rolled back — something that could help the middle class.
However, Congressional Republicans hold a slim majority and need to vote in lockstep to continue the middle-class tax breaks. Financial experts advised clients to prepare as if the tax breaks ...
Much has been written about how President-elect Donald Trump's tax policies might affect the rich, the poor and the middle class -- but what about those in the upper middle class who are doing ...
Anderson said lower middle class consumers could see other taxes go up as well. “Destination-based taxes, such as sales or property taxes, would likely increase to make up for the reduction in ...
The biggest piece of tax legislation passed during Donald Trump's presidency was the 2017 Tax Cuts and ... What That Means For The Middle Class In 7 Battleground States If Biden Is Reelected ...
“Assessing the Trump administration’s tax cuts from an economic standpoint is crucial when considering the middle class in key states,” said Hector Castaneda, CPA, principal at Castaneda CPA ...
At first glance, Donald Trump's idea of not paying federal income taxes might sound appealing. Taking home a larger portion of your hard-earned paycheck would seemingly put more money in your ...