Biden wants to raise your taxes. Here are 5 reasons even he should learn to love the Trump tax cuts
Fox News
The presidential candidates are on opposite sides of the Trump tax cuts. The Donald wants them to stay and Biden has vowed to take them away. Here's what happens if they go away.
Stephen Moore is a senior fellow at the Heritage Foundation and a co-founder of the Committee to Unleash Prosperity. His latest book is "Govzilla: How the Relentless Growth of Government Is Devouring Our Economy."
1. The Trump tax law was one of the biggest middle-class tax cuts in U.S. history. The Trump Treasury Department calculated that the average family of four saves roughly $2,000 a year. This means, sorry, Joe, repealing the bill would raise taxes for most families making less than $400,000. The House Budget Committee has estimated that the typical family will pay $1,500 more taxes annually if Biden repeals the Trump tax cut.
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