By: Carrie Sheffield
A top 2025 agenda item for D.C. policymakers is extending expiring provisions of 2017 tax cuts. 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 percent of taxpayers—a critical need for Americans seeking economic relief. If tax cuts are not made permanent, tax increases begin in 2026.