These Popular Tax Breaks Might Be Gone for Good

For most Americans, filing their tax returns for the 2018 tax year is just a distant and unpleasant memory.

A few had hoped that Congress might get around to extending some much-loved tax breaks that have been popular over the years.

Now, those hopes are close to getting dashed. Time and time again, lawmakers have failed to get any forward momentum going on tax extenders, and many now think that key tax breaks might never come back.

Tax extenders are provisions that give tax incentives to taxpayers on certain items, but only for a limited period of time.  Temporary tax breaks come about because the federal government has to account for the long-term budgetary impact of any changes to tax laws.  It's more expensive to pass a tax break that will extend permanently into the future than it is to have it be in effect for only a single year.

Therefore, some tax breaks get passed on a temporary basis, and it's up to Congress to decide year in and year out whether to renew them.
by is licensed under

Help FAIRtax Become The Number One Issue in 2024

Enacting the FAIRtax must be a prominent topic in these times. We did it before, we can do it again, but we need your help!

Help out with a One-Time Contribution

Your gift of $25, $50, $100 – even $1,000 or more if you can possibly spare it – will help FAIRtax.org bring an end to the IRS and promote a FAIRtax. So, I urge you, please give as generously as you can.

Billing information (REQUIRED)

Payment information (REQUIRED)

To donate by check:
Americans for Fair Taxation
PO Box 4929
Clearwater, FL 33758

If you need to make changes to your existing Monthly Re-Occurring Donation with new card or billing address information, then Please call Adam Yomtov our New York State Co-Director. He is assisting with the administration of our donations, technology services, and website.

Please note: Inputting your new information at our website won't update your donation. The only way to update is by calling Adam Yomtov 917-689-3931 mobile.


Americans for Fair Taxation® is a 501(c)(4) non-profit, non-partisan grassroots organization solely dedicated to replacing the current income tax system with a fair, simple and transparent national consumption tax – the FAIRtax® Plan. We rely entirely on contributions from concerned citizens like you who want a tax system that will generate jobs and stimulate the economy. Welcome to the FAIRtax team!

Connect

Share