Republicans Slap an Expiration Date on Middle-Class Tax Cuts
The new Senate plan would have cuts for individuals go away in eight years but make them permanent for corporations.
Updated on November 15 at 4:13 p.m. ET
President Trump and congressional Republicans have repeatedly insisted that the top priority of their tax reform is delivering relief to the middle class. But under a significant change to the Senate’s plan announced late Tuesday night, that relief for most people will now only be temporary, and millions of middle-class families could actually see a tax increase in 2026 if Congress doesn’t act again.
As I recently , the competing Republican tax bills were both over-budget, forcing party leaders to scale them back if they hoped to pass legislation under Senate rules without Democratic votes. They essentially had two choices: They could slap an
