House Republican Introduces Trump Tariff Rebate Act
Rep. Tim Burchett, R-Tenn., introduced the Trump Tariff Rebate Act, saying that due to additional tariff revenue, the U.S. can afford to increase the standard deduction by $4,000 for joint filers, $3,000 for heads of household and $2,000 for individuals.
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“When I first decided to run for Congress, one of my top priorities was to ensure that folks spend less of their hard-earned dollars in taxes. That hasn’t changed,” Burchett said. “The Trump Tariff Rebate Act is simple: lower taxes, and more money in your pocket.”