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Congress debates tax reform, aiming to simplify taxes and boost wallets by adjusting grocery and gas taxes.
As the 2025 legislative session nears its end, tax reform plans by the House and Senate aim to simplify the tax code and potentially increase individuals' disposable income.
Both plans propose lowering grocery taxes and raising gas taxes, but differ on the timeline for reducing income taxes: the Senate over four years, the House over ten years.
Economist Dr. Josh Hendrickson advises individuals to check their pay stubs to understand potential savings.
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El Congreso debate la reforma fiscal, con el objetivo de simplificar los impuestos y aumentar las carteras mediante el ajuste de los impuestos a la alimentación y al gas.