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What will be the 2024 Republican candidate's stance on TCJA extension?
5
Resolution / Starting Odds
Supports extension • 33%
Opposes extension • 33%
No clear stance • 33%
Official campaign statements and policy platforms
Story
Trump's TCJA Extension Gains Wall Street Support Despite $4.6 Trillion Cost, Sets Up 2025 Fight
Jun 7, 2024, 12:06 PM
Donald Trump is garnering support from Wall Street donors with his proposal to extend the 2017 tax cuts, despite the significant financial implications. The extension, which could cost an estimated $4.6 trillion over the next decade, is projected to pay for only 1% to 14% of itself. The Congressional Budget Office (CBO) has highlighted that this extension could exacerbate the national debt, which is already higher than in 2017, with ballooning interest costs and looming Social Security challenges. Despite these concerns, Republican enthusiasm for the renewal remains strong. The Tax Cuts and Jobs Act (TCJA) extension sets up a crucial 2025 fight.
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Supportive • 25%
Neutral • 25%
Opposed • 25%
No Comment • 25%
Support Phillips' proposal • 33%
Oppose Phillips' proposal • 33%
No comment or neutral • 33%
Democratic Support • 33%
Republican Opposition • 33%
Bipartisan Support • 34%
Federal ban with exceptions • 25%
Federal ban without exceptions • 25%
State-level decision • 25%
No clear stance • 25%
Support • 33%
Oppose • 33%
Neutral/No Comment • 34%
Increased support • 33%
Decreased support • 33%
No significant change • 34%
Support current law • 33%
Support partial amendment • 33%
Support full repeal • 33%
Support • 33%
Oppose • 33%
Neutral • 33%
Endorsement reaffirmed • 33%
Endorsement withdrawn • 33%
Neutral stance adopted • 34%
Support • 33%
Oppose • 33%
Neutral or no clear stance • 34%
Support • 33%
Oppose • 33%
Neutral • 33%
Donald Trump • 25%
Ron DeSantis • 25%
Nikki Haley • 25%
Other • 25%