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flag President-elect Trump plans to extend the 2017 tax cuts, affecting over 60% of taxpayers.

flag President-elect Donald Trump plans to extend the 2017 Tax Cuts & Jobs Act, which is set to expire in 2025, potentially affecting over 60% of tax filers who could face tax increases. flag The plan includes extending individual tax brackets and standard deductions, and proposing additional cuts for tipped workers and senior citizens. flag Extending these cuts would require significant legislative action by Congress.

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