In 60 Seconds: Tax Cuts and Jobs Act

A top 2025 agenda item for D.C. policymakers is extending the expiring provisions of the TCJA. Because most corporate tax changes are permanent, policymakers will focus on small businesses and individual taxes. Making tax rate reductions permanent will lower taxes for 80% of taxpayers—a critical need for Americans seeking economic relief. If tax cuts are not made permanent, tax increases begin in 2026.

Here’s the Tax Cuts and Jobs Act in 60 seconds: