Given the cascade of domestic and international events over the past few weeks, it’s almost hard to remember the drama and controversy that surrounded passage of the reconciliation package dubbed the Big Beautiful Bill Act. Almost.
I say that because one of its critical elements, the extension of the 2017 tax cuts for individuals, was then and remains today the most disputed, most misreported and most misunderstood. It will play a key role in defining how the electorate views the reconciliation bill.
These across-the-board tax cuts were going to expire at the end of this year, and if that had happened, most people in the country would have seen their taxes go up. Yet sadly, a kind of cynicism has settled over many voters who remain unconvinced of almost anything they hear from politician