The U.S. House Budget Committee has announced its approval on 21 June 2018 of a budget resolution for fiscal year 2019, Budget for a Brighter American Future. As part of the budget, the House is reportedly planning to provide permanent extensions to the temporary individual income tax measures included in the 2017 Tax Cuts and Jobs Act that are scheduled to expire after 2025, including the rate cuts, the increased alternative minimum tax threshold, and the increased estate tax exemption. The…