I urge those with questions to read the original text themselves; I have said this countless times. The implementation is set for 2025, but 2025 and 2026 are transition years. During the transition years, there will be some easing, but the extent is unknown. The official implementation will begin in 2027, provided that Trump does not repeal it.

In fact, Trump has the ability to repeal it, although it may be a bit complicated, because even after the transition of power, the Treasury Department and the IRS have been purged. However, this is a law that has already been established, and today is just an explanation. So even if the Biden administration officials have left, there still needs to be a process to repeal this law or provide a "broker's explanation."

I ask anyone with thoughts to first read the original text and then come back to discuss.

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