Republicans lay groundwork for ‘total tax cliff’ at end of Trump’s term

Republicans lay groundwork for ‘total tax cliff’ at end of Trump’s term

Congressional Republicans are preparing for a tax cliff at the end of President Trump's term, with expiring tax cuts affecting working-class Americans.

Republicans planning for ‘total tax cliff’ when Trump’s term ends in 2028

Congressional Republicans have submitted a law proposal that may result in a major “tax cliff” by the end of President Donald Trump’s second term in an attempt to extend certain tax breaks while letting others expire.  The proposed changes, embedded in the House-passed version of the GOP’s domestic agenda bill, could cause a political and fiscal showdown in the years leading to the 2028 election. The Republican-led House seeks to make the 2017 T…