Biden's Mixed Presidency on Taxes

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Trump tax cuts

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Tax Cuts

Washington Examiner

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Wake up with the Washington Examiner: Populist demands could rattle tax plans, and Harris shakes up Wisconsin - Washington Examiner

Summary

Nutrition label

74% Informative

President Joe Biden has kept most of Trump ’s tariffs on China in place.

The “Tax Cuts and Jobs Act ” that lowered the corporate tax rate from 35% to 21% hasn’t gone anywhere.

The tax cuts are set to expire in 2025 .

The outcome of the 2024 elections and control of the White House , the House of Representatives , and the Senate will determine how the tax rate is altered.

Sen. Tammy Baldwin (D-WI) isn’t facing any Democratic challenger in her primary contest on Tuesday .

She will likely face off against real estate developer and banker Eric Hovde in November .

Baldwin had been avoiding making public appearances with Biden when he came into town but has appeared twice with Harris in the past three weeks .

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language