Quote Originally Posted by Suppa Hobbit Mage View Post
I'm not sure I follow the question. Virtually every tax bracket had taxes reduced. So unless the law changes (like Biden wants to change it), people will continue to pay less in taxes and benefit from the Trump taxes law changes. Since we are a progressive tax, if you make more next year and hit another bracket, you'll pay more in taxes on all the dollars made in that next bracket than the last one. But it's still less taxes than before.
I’m not an expert in tax law at all, from what I remember, aren’t taxes going to rise in a few years? Correct me if I’m wrong please. I for one benefited from Trump’s tax cuts.