Some Tax Provisions Are Expiring in 2025 — Here’s What Experts Think About Them
The Tax Cuts and Jobs Act of 2017 (TCJA) lowered taxes for millions of households and made filing simpler for many — all while making the country’s fiscal outlook worse. At the end of December 2025, the provisions in the subtitle on Individual Tax Reform of the TCJA are scheduled to expire, teeing up an important debate on tax and fiscal policy. With such high stakes, policy experts and economists have started to put forward proposals and develop some agreement about what should be kept, what should be changed, and what should be discarded from the TCJA. Follow link to read more from the Peter G. Peterson Foundation. https://bit.ly/3ATpfiV