What Happens To Taxes In 2025
What Happens To Taxes In 2025. For married couples filing jointly, the standard deduction increases to $30,000, up $800 from tax year 2024. The new 2025 tax brackets reflect a 2.8 percent increase—much smaller than previous years.
In the upcoming 2025 budget, the government is expected to implement five new taxes designed to promote healthier lifestyles, support sustainable living, and address. It’s time find another way to fund the government.