THIS IS EXACTLY RIGHT: Extend Trump’s tax cuts, pay for it by repealing Biden’s climate handouts.
The U.S. is on the brink of a tax nightmare, with Democrats pushing the largest tax increase in history.
President Trump’s signature legislation from his first term, the 2017 Tax Cuts and Jobs Act, is set to expire at the end of the year, and Democrats are united in their efforts to end this successful policy and implement an automatic $4.5 trillion tax increase.
Republicans were elected up and down the ballot in 2024 with a mandate to end the lunacy of Bidenomics and make America competitive again. This means enacting bold tax reforms that go beyond simply extending the Trump tax cuts and — most importantly — preventing any tax hikes. Trump recently reminded Republicans that they cannot repeat the same mistakes that sank previous administrations. A tax increase of any kind would ruin any chance of success in 2026 for the Republicans as would failure to go beyond the tax cuts.
The tax cuts expire on Dec. 31. If Congress does nothing, an automatic $4.5 trillion Democratic tax hike will land squarely on working families, many of whom are already struggling under lingering Biden-era inflation. Less than a year from now, the average taxpayer could see a 22 percent tax hike. For a working family of four, that’s a $1,700 tax increase.
This is pretty simple stuff but it sure could use more of a populist push from Trump, plus whatever it is Speaker Mike Johnson is supposed to be doing.