Biden White House highlights a coming showdown with GOP over 2017 tax cuts that are due to expire

Published May 10, 2024 2:10 am

By JOSH BOAK
Associated Press

WASHINGTON (AP) — The Biden White House wants voters to know about its differences with Republicans over taxes. Lael Brainard, a top White House adviser, on Friday addressed the 2017 income tax cuts that are set to expire after next year. The expiration of the tax cuts creates a challenge for the winner of November’s presidential election. Brainard says President Joe Biden’s policies would make the tax code fairer by raising taxes on the wealthy and corporations that avoid paying what they owe. Former President Donald Trump says higher taxes would wreck the economy.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KTVZ NewsChannel 21 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.