But Republicans, including Trump, freely say that future Congresses will extend many of those tax cuts. Nonetheless, Trump predicted Saturday that the tax cuts not only will be extended but sweetened. Republicans are counting on something of a replay of what happened after President George W. Bush pushed through tax cuts in 2001 and 2003. Now, as then, supporters say the tax cuts will pay for themselves in spurring faster economic growth. If the temporary tax cuts lapse, many people will see their taxes rise by 2027, particularly those with incomes less than $75,000.

Source: Los Angeles Times December 17, 2017 00:45 UTC