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GOP Rep: Americans Voted for a New Economic Trajectory. Congress Should Deliver | Opinion

Newsweek
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81% Informative

The average taxpayer in the Fourth District of Kansas would see a 27 percent tax hike if provisions from the Tax Cuts and Jobs Act (TCJA) expire.

Without these provisions, one of which allows immediate expensing for research and development, businesses will face increased costs, which ultimately leads to higher costs for consumers.