Mike Pence's Campaign to Preserve Trump-Era Tax Cuts

Former Vice President Mike Pence's foundation is spearheading a $10 million campaign to maintain Trump-era tax cuts set to expire after next year. His initiative, Advancing American Freedom, aims to rally conservatives and shape policy discussions in Congress and among voters ahead of the 2024 elections.

Former Vice President Mike Pence's foundation is initiating a $10 million campaign to preserve Trump-era tax cuts, which are due to expire next year. His organization, Advancing American Freedom, released a 13-page blueprint on Thursday, targeting Capitol Hill and voters in crucial swing states.

Pence's document urges conservative leaders to join this extended campaign, with plans stretching into 2025. The focus will be on whether to retain the 2017 tax code established under President Donald Trump or to make adjustments, as inaction could lead to expiration of many policies after 2025.

Key decisions will depend on the political balance in Congress and the White House. Democrats aim to keep cuts under $400,000 income while raising corporate taxes, while Trump proposes a 20 percent corporate tax rate. The Congressional Budget Office warns that extending these cuts could increase deficits significantly.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)