If they don’t pass Trump’s beautiful bill, everyone’s income tax will increase. But most people will think that the MAGAs increased the taxes.
Back in 2017, Trump and the Republicans passed tax cuts that primarily benefited the wealthy. But almost all of us got a tax cut. Those tax cuts are set to expire at the end of this year. So if the Republicans fail to keep the tax cuts, our tax bill will go up, which will make it seem that the Republicans increased the amount of taxes we have to pay.
So they are between a rock and a brick wall, they are damned if they do and damned if they don’t.
A family of four making $80,610, the median income in the United States, would see a $1,695 tax increase if the Trump tax cuts expire.