Trump wants to extend his tax overhaul. What it means for you

Trump wants to extend his tax overhaul. What it means for you

Donald Trump

Carlo Allegri | Reuters

Whether you love or hate the Tax Cuts and Jobs Act, President Donald Trump wants to keep the tax overhaul going.

The president released his proposed budget for 2021 on Monday. In the spending plan, the President is calling for an extension of the individual tax cuts set to expire at the end of 2025 through 2035 at the cost of $1.4 trillion.

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