The speaker believes these specific tax proposals are unlikely to pass and are likely political theater, but acknowledges that tax legislation will need to be addressed as the Tax Cuts and Jobs Act expires in 2025.
"realistically it's going nowhere and a lot would have to happen for this to actually get pushed through however with that said the tax cuts and jobs Act is expiring in 2025 so a lot of these tax benefits are going going to be cut completely and something will have to be done either it continues as is or a new proposal goes in its place and who knows exactly what's going to be in it will it be this probably not I tend to think this is just political theater to Simply blame the rich for government spending that's frankly out of control"
