• Home
  • News
    • UP 200
    • Local
    • Lansing Bureau
    • Washington D.C. Bureau
    • National
    • Insights
    • Watch 19 News Live
    • CBS News Live
    • Report News
  • Weather
    • Forecast + Conditions
    • Current Alerts
    • Interactive Radar
    • Cameras
    • Share Photos/Videos
    • Closings and Delays
  • Sports
  • Features
    • Life in the 906
    • The Yooper Goddess
WZMQ 19 News | CBS | MeTV Marquette
Partly Cloudy

Marquette
Partly Cloudy 54°

Mostly Cloudy

Escanaba
Mostly Cloudy 55°

Clear

Houghton
Clear 55°

Clear

Iron Mountain
Clear 57°

Watch
No Result
View All Result
  • Home
  • News
    • UP 200
    • Local
    • Lansing Bureau
    • Washington D.C. Bureau
    • National
    • Insights
    • Watch 19 News Live
    • CBS News Live
    • Report News
  • Weather
    • Forecast + Conditions
    • Current Alerts
    • Interactive Radar
    • Cameras
    • Share Photos/Videos
    • Closings and Delays
  • Sports
  • Features
    • Life in the 906
    • The Yooper Goddess
WZMQ 19 News | CBS | MeTV Marquette
No Result
View All Result
WZMQ 19 News | CBS | MeTV Marquette
No Result
View All Result

Republicans Eye Extending, Improving 2017 Trump Tax Policies

by WZMQ
January 15, 2025
A A

By Brendan Scanland

WASHINGTON, D.C. — It will be a pivotal year for tax policy as a 2017 Trump tax law is set to expire at the end of 2025. 

Republicans on the House Ways and Means Subcommittee on Tax are working to extend and improve upon Trump-era tax policies from the 2017 Tax Cuts and Jobs act (TCJA).  

Opponents to the law say it favored the rich and failed to deliver on its promise.  

House Ways and Means Subcommittee on Tax Chairman, Rep. Mike Kelly (R- PA), disagrees. He says the TCJA brought businesses back to the U.S. with friendly tax policy, leading to increased revenue and a stronger economy.  

“We’re going to try to preserve as much of that as we can and make permanent, because of the ways of the scoring, it couldn’t be a ten-year program. It had to be a seven-year program, and that’s where we are right now. We’re coming to the sunset of that program,” said Kelly. “The question is, do you look at something that was so good and decide, no, or do you say, ‘okay, fine, it was really good. Let’s make it even better.’ Let’s make sure that we give the American people the advantages they need to have in a global economy right now that they can not only survive, but thrive. And that’s what we’re working on,” he added.  

In 2017, a Republican-controlled Congress passed the TCJA. It was the largest tax code overhaul in nearly three decades. The law cut the corporate tax rate to 21%, doubled standard deductions, expanded the child tax credit and capped deductions for state and local taxes at $10,000. 

Get WZMQ 19 anytime, anywhere

Download the app

AppleAndroid

Watch on TV

RokuFire TVZeam

Connect on social media

FacebookTwitterInstagram

More

News

Tense Senate Hearing with AG Bondi on Weaponization of DOJ

October 7, 2025
News

Speaker says “Nothing to Negotiate” as Shutdown Continues

October 6, 2025
News

Shutdown Showdown Continues After Senate Fails to Reach Agreement

October 3, 2025
News

Congressional Members still get Paid during a Shut Down

October 3, 2025
News

Trump says there will be Cuts to “Democrat Agencies”

October 2, 2025
News

On 9/11 Anniversary, Lawmakers Highlight Bill to Support Victims of Terrorism

September 12, 2025
Next Post

Biden Delivers Farewell Address, Highlights Administration’s Success and Warns about Abuse of Power

Little Snow and Windy

  • Home
  • News
  • Weather
  • Sports
  • Features
  • Events
  • Programming
  • Station
WZMQ CBS | 19 News

© 2025 WZMQ, LLC | FCC Public File | EEO Report

No Result
View All Result
  • Home
  • News
    • UP 200
    • Local
    • Lansing Bureau
    • Washington D.C. Bureau
    • National
    • Insights
    • Watch 19 News Live
    • CBS News Live
    • Report News
  • Weather
    • Forecast + Conditions
    • Current Alerts
    • Interactive Radar
    • Cameras
    • Share Photos/Videos
    • Closings and Delays
  • Sports
  • Features
    • Life in the 906
    • The Yooper Goddess
  • Events
  • Programming
    • Programming Guide
    • CBS
    • MeTV
    • Start TV
    • Heroes & Icons
    • Court TV
    • ION
  • Station
    • About Us
    • Community Involvement
    • Mobile App
    • Meet the Team
    • Contact
    • Careers
    • Advertising
    • Request Copy of Story
    • FCC Public File
    • EEO Report
No Result
View All Result
  • Home
  • News
    • UP 200
    • Local
    • Lansing Bureau
    • Washington D.C. Bureau
    • National
    • Insights
    • Watch 19 News Live
    • CBS News Live
    • Report News
  • Weather
    • Forecast + Conditions
    • Current Alerts
    • Interactive Radar
    • Cameras
    • Share Photos/Videos
    • Closings and Delays
  • Sports
  • Features
    • Life in the 906
    • The Yooper Goddess
  • Events
  • Programming
    • Programming Guide
    • CBS
    • MeTV
    • Start TV
    • Heroes & Icons
    • Court TV
    • ION
  • Station
    • About Us
    • Community Involvement
    • Mobile App
    • Meet the Team
    • Contact
    • Careers
    • Advertising
    • Request Copy of Story
    • FCC Public File
    • EEO Report
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our privacy policy.