Wall Street Journal: “If Congress doesn’t act by the end of 2025, income taxes will go up for most households. An analysis by the Tax Foundation shows that, on average, taxes would rise in every single county in the country—urban or rural, wealthy or poor—but the amounts vary, as you will see below. The analysis doesn’t speak to the median household’s tax bill, but it shows how much more people in each area would be paying.”
“Lawmakers in both parties say they want to avoid these increases, which amount to hundreds of billions of dollars annually. Republicans want to extend all the expiring tax cuts, while Democrats want to keep the reductions for households making under $400,000 a year.”
