How Parents, Tipped Workers, And Ev Drivers Could See Their Taxes Change In Trump's Year Of 'tax Super Bowl'

insider@insider.com (Juliana Kaplan), Business Insider
Sun, 01/05/2025 - 2:27am

President-elect Donald Trump's 2017 tax package is set to expire in 2025.Jabin Botsford/The Washington Post via Getty ImagesTrump's 2017 tax cuts are set to expire this year, which could impact Americans' wallets.Trump's Tax Cuts and Jobs Act lowered individual rates and doubled the child tax credit.Experts shared how individual taxes, along with tax breaks for parents and EVs, could change.President-elect Donald Trump and the incoming Republican congressional majorities could have a big impact on your taxes next year.Many provisions from President-elect Donald Trump's 2017 Tax Cuts and Jobs Act are set to expire by the end of this year unless Congress renews the tax bill.

Topics: face the nation. botsford/the washington post getty imagestrump trump's tax cuts tax super bowl mark baran tax office washington dc additionally biden-era foundation president trump november america wealthy again trump karoline leavitt bi the trump administration brian kearns road local tax york california democrats salt scott brillhart founder's cpa sen josh hawley missouri vice-president-elect jd vance congress vance cbs's face president joe biden ev business insider president-elect donald trump washington americans tax cuts trump's jobs act tcja republicans trump american kearns security vance parents workers taxes change year rates lot taxpayers set doubled cap extended states blue breaks law package break proposed stay effect deal people

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How Parents, Tipped Workers, And Ev Drivers Could See Their Taxes Change In Trump's Year Of 'tax Super Bowl'

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