Arrr, 'tis Trump's ghostly legacy that be giving ol' Biden a mighty headache, aye!
2024-04-26
Arrr mateys! Biden be tryin' to plunder our pockets even more by lettin' them Trump tax cuts expire! Three years he had to do it, and now he be takin' action. The scallywag be tryin' to make us walk the plank of financial ruin! Aye!
President Joe Biden has positioned himself as the anti-Trump, actively dismantling former President Donald Trump’s policies. One major piece of Trump’s agenda that Biden struggles with is the Tax Cuts and Jobs Act. Biden talks tough on taxes and Trump’s cuts now, promising to let them expire if reelected. This move is risky given the impact on taxpayers. Americans have been economically strained under Biden, with high inflation, low savings rates, and increasing household debt. Housing costs are soaring, making it difficult for many to afford a home. Despite this financial turmoil, the 2017 tax cuts remain in place, benefiting Americans. Biden has never sought to overturn them, knowing it would mean higher taxes for citizens already struggling financially. The Tax Cut and Jobs Act provisions will expire in 2025, requiring a decision on whether to extend, replace, or let them lapse. Biden will have to live with the ghost of the tax cuts as the one policy he couldn’t dismantle.CLICK HERE FOR MORE FOX NEWS OPINIONCLICK HERE TO READ MORE FROM CAROL ROTH