Rep. Vern Buchanan (R-FL), and 72 Republican cosponsors, filed legislation that would make some provisions of the 2017 tax code overhaul permanent. With Democrats in control of the Senate and the White House the legislation is going nowhere fast; however it is a good marker for the start of these negotiations.
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Tax Extender Bill Filed by Top Republican
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Without Congress acting, nearly two dozen tax provisions that were part of the Tax Cuts and Jobs Act are set to sunset after 2025, affecting people and small businesses. Republicans have made extending portions of the tax law a top priority, although doing so will likely not happen in the near term as Democrats control both the Senate and the White House.
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