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Ahead of Key Tax Fight, Republicans Win Senate Control
News November 06, 2024 at 10:41 AM
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What You Need To Know
- Republicans have said they intend to extend Trump's 2017 tax breaks and roll back regulations on energy production.
- But the balance of power going into the fight over how to handle tax cuts' expiration will also depend on control of the House, which remains unclear.
- Projected Republican control of the Senate, though, dashes progressives' hopes of shifting the tax burden toward corporations and wealthy individuals.
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