May 14, 2025 | Rapid Response
Economy

Democrats Are Supporting the Largest Tax Hike in American History

Rapid Response

This week, Democrats are fighting to allow the largest tax hike  in American history, which would decimate working Americans and small businesses.

If Democrats have their way and the Trump tax cuts expire:

  • The average taxpayer will see a 22% tax hike
  • The typical family of four will see a $1,700 tax increase
  • 40 million families will lose half of their Child Tax Credit
  • Most taxpayers' guaranteed deduction will be cut in half
  • 26 million small businesses will face major tax increases
  • Over 4 million jobs will be lost

President Trump wants to cut your taxes. Democrats want to raise them.