PresidentJoe Biden‘s chief economic adviser reportedly vowed that Democrats would seek to overturn Trump’s corporate tax cuts in 2025, sparking a potential clash with the GOP over a tax law with expiring provisions. “It’s clear we need to end the 2017 tax breaks for the ultra-wealthy and scale back costly permanent corporate tax breaks,” White House National Economic Council Director Lael Brainard said Friday during a speech in Washington, Bloomberg reported. “Our tax system currently asks much less of corporations than it used to.” Policymakers anticipate significant tax negotiations next yea…
