Who did that
Donald Trump
President of the United States (2017–2021) · President of the United States (2025–present)
Photo: Shealah Craighead · PD-USGov · Wikimedia Commons
“Trillions of dollars in tariff revenue have come in … tariff is my favorite word in the whole dictionary.”
Rates last moved while in office
Rate changes dated while they held the office that keeps that tax — mayor for city, governor for Illinois, president for federal, Cook Board president for county. Dated while in office is not authorship: a governor who vetoed a hike that the legislature overrode still shows that date under their term. A bigger standard deduction is a tax cut. Renewed means a cut was made permanent.
Cut or renewed
| When | Tax | What happened |
|---|---|---|
| 1 Jan 2026 | Federal standard deduction | $15,750 to $16,100 (single), $23,625 to $24,150 (head of household), $31,500 to $32,200 (joint)First inflation year after OBBBA: $16,100 single / $32,200 joint. |
| 4 Jul 2025 | Federal income-tax brackets | renewed at 12/22/24/32/37% (made permanent)OBBBA (July 4, 2025) made the TCJA bracket schedule permanent. |
| 4 Jul 2025 | Federal standard deduction | renewed: $12,000 to $15,750 (single), $18,000 to $23,625 (head of household), $24,000 to $31,500 (joint)OBBBA (July 4, 2025): TCJA deduction made permanent and raised ($15,750 single / $31,500 joint). |
| 1 Jan 2018 | Federal income-tax brackets | 15/25/28/33/39.6% to 12/22/24/32/37%TCJA: 15/25/28/33/39.6% ordinary rates became 12/22/24/32/37%. Top rate 39.6% → 37%. |
| 1 Jan 2018 | Federal standard deduction | $5,800 to $12,000 (single), $8,500 to $18,000 (head of household), $11,600 to $24,000 (joint)Tax Cuts and Jobs Act.Tax Cuts and Jobs Act. Standard deduction roughly doubles; personal exemptions go to zero. This app keeps 2026 brackets; the dated deduction is what moves federal tax vs 2011. |
Rates still in force, last set while in office
These rates have not moved since they were set, so the ledger’s plate for each one names the officeholder on that date. Each line links to its official source.
| When | Tax | What happened |
|---|---|---|
| 1 Jan 2026 | Federal estate tax | set at 40%Basic exclusion raised to $15 million for 2026 (40% top rate unchanged).Source |
| 1 Jan 2026 | Federal gift tax | set at 40% above the $15 million exclusionUnified exclusion raised to $15 million for 2026.Source |