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STEPHEN MOORE: Why hasn't Trump repealed Biden's $50 billion backdoor business tax increase?

The Trump administration retains a Biden-era IRS tax rule affecting over 4 million partnerships despite deregulatory efforts and criticism of a $50 billion backdoor tax increase.

The Trump administration took a well-deserved victory lap last week for repealing more than 100 Biden-era rules for every new regulation. This will save U.S. businesses potentially hundreds of billions of dollars of unnecessary costs. Gone are discriminatory racial preferences,…

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committeetounleashprosperity.com broke the news in on Tuesday, January 6, 2026.
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