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Donald Trump Campaign Rally in Charlotte, North Carolina, USA - 24 Jul 2024

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Even those that are intended to bedefinite policy changesmay still need Congressional approval, which is never guaranteed.

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Also see how the rich could be affected.

Trump has long toyed with the idea of cutting federal payroll taxes.

Some may likely become official policy if he is elected, while others may simply be political rhetoric.

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Possible Republican Pushback?

Thus, this is just one example of aTrump tax cutthat may potentially be on the chopping block.

But Trump seems more inclined to continue, increase or extend tax cuts rather than shrink the deficit directly.

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