INDIANAPOLIS –– It could be the biggest tax hike your family has ever seen. That’s what Indiana Senator Jim Banks says is at stake if President Trump’s “One Big Beautiful Bill” doesn’t pass.
Banks told WIBC’s Hammer and Nigel that while the 2017 tax cuts locked in lower rates for big corporations, the cuts for families and small businesses are about to expire. A new bill to keep those breaks just barely made it through the House and is now in the Senate.
Some critics say the bill could add trillions to the national debt, but Banks says they’ve got it all wrong.
“Your taxes will go up on average $3,000 a family if the Big Beautiful Bill doesn’t extend the Trump tax cuts,” he said. “Don’t raise taxes on working class, blue-collar Americans who are struggling right now. That’s why it matte