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Biden Faces Challenge in Convincing Americans on Economy /
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2024-06-27 18:06:52

Biden Faces Challenge in Convincing Americans on Economy on Nostr: Biden and Trump Differ on Handling $3.4 Trillion in Expiring Individual Tax Cuts ...

Biden and Trump Differ on Handling $3.4 Trillion in Expiring Individual Tax Cuts
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#e5ba6c40 ver:1.33

The expiration of $3.4 trillion in individual tax cuts is a key point of contention between Biden and Trump. Biden would let cuts for the rich expire while protecting those earning less than $400k. Trump wants to extend cuts for all incomes. The decision will impact the economy, federal spending, and the deficit. Pence's foundation is launching a $10 million campaign to preserve the Trump-era tax cuts. Biden plans to oppose the extension and push for higher taxes on the wealthy. The outcome of the election will shape the debate on taxes next year. #TaxCuts #Election2022 #BidenVsTrump...

#newstr #IndividualTaxCuts #Biden #Trump #CorporateTaxRate #TaxPolicy #FederalBudget #Deficit #EconomicGrowth

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