ICYMI: Republican Study Committee Warns of "Largest Tax Hike in History" if Trump Tax Cuts Expire
WASHINGTON DC - In Case You Missed It: In a Fox News exclusive, Republican Study Committee (RSC) Chairman August Pfluger (TX-11) and RSC Budget Task Force Chair Rep. Beth Van Duyne (TX-26) warned on Tax Day that allowing President Trump's 2017 Tax Cuts and Jobs Act (TCJA) to expire would result in the "largest tax hike in history." Without Congressional action to extend these tax provisions, Chairman Pfluger cautioned that Americans could face a devastating tax increase of up to 22% beginning next year, impacting millions of families and small businesses across the country. The RSC remains steadfast in its mission to shield American prosperity from this looming threat and is committed to permanently securing these vital tax provisions that have fueled job creation, boosted wages, and enabled countless hardworking families to keep more of what they rightfully earn. |
IN THE NEWS FOX NEWS: Top Republican warns families of 'largest tax hike in history' next year if Trump budget fails EXCLUSIVE: The chairman of the largest House GOP caucus is using Tax Day to send a warning about the financial strain American families could face next year if Republicans fail in their plans for a massive conservative policy overhaul. Republican Study Committee (RSC) Chairman August Pfluger, R-Texas, told Fox News Digital that millions of Americans could see their taxes increase by as much as one-fifth if Congress does not pass a budget reconciliation bill extending President Donald Trump's 2017 Tax Cuts and Jobs Act (TCJA). |