3: What Congress Should Consider As It Weighs TCJA Extensions

John Diamond outlines what Congress should consider as it prepares to extend key provisions of the 2017 Tax Cuts and Jobs Act that expire at the end of 2025. He covers: how tweaks to the tax system can encourage U.S. companies to return production from overseas; why it’s important to incentivize investment in research and development (R&D); and how policymakers can tackle the budget deficit by taxing economic rents. This episode was recorded on April 22, 2025. You can follow @BakerInstitute on X, Instagram, LinkedIn, and YouTube. Learn more about our data-driven, nonpartisan policy research and analysis at bakerinstitute.org.