On January 22, 2025, the House Ways and Means Committee hosted a Member Day Hearing featuring testimony from 55 Members of Congress. The hearing addressed critical tax policy priorities for the 119th Congress, including:  

 

  • The extension of the Tax Cuts and Jobs Act (TCJA).
  • Proposals for family tax relief and support for clean energy and biofuels.
  • Discussions on estate tax reforms and measures for economic development.

This comprehensive report provides insights into the diverse perspectives shared during the hearing and outlines key legislative priorities shaping future tax policies.

Key Tax Policy Updates from the Ways and Means Committee Hearing (January 22, 2025)

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