Claim: Will taxes 'automatically' go up for 95% of business owners after the Trump tax cuts expire?
Fact-check: Will taxes 'automatically' go up for 95% of business owners after the Trump tax cuts expire? - Wisconsin Watch
Verdict: no. while individual tax cuts from the 2017 tax cuts and jobs act are set to expire after 2025, 95% of business owners will not "automatically" experience a tax hike, because many businesses have no taxable income.
Organisation: Wisconsin Watch
Author: Erin Gretzinger
Date published: 2023-05-05T19:46:00