Tag: extension of tax cuts

“Big Beautiful Tax Cuts” Deliver Less Than Promised

The recently passed “One Big Beautiful Bill” was promoted as the largest middle-class tax cut in history. The price tag: $5 trillion. The pitch: permanent, revolutionary relief for working families. The reality: a master class in tax theater. The first act of this...

Tax Deal Has Something For Everyone to Like or Hate

President Obama’s announcement that he struck a deal with House and Senate leaders to extend the current tax rates for all Americans has something for everyone to like or hate.  Fiscal conservatives and taxpayers are certainly happy with the extension of the...