New Interactive Tool: Build Your Own Tax Extensions
With large parts of the 2017 Tax Cuts and Jobs Act (TCJA) set to expire after 2025, policymakers will soon face important choices about the future of the tax code.
Try the new interactive Build Your Own Tax Extensions tool, which allows users to pick and design their own tax extension package. While a full extension could cost $3.4 trillion or more, this tool allows users to design a fair, pro-growth, and fiscally responsible alternative.
Try the Build Your Own Tax Extensions tool here.
The tool allows users to extend, expire, or modify different elements of the TCJA. Users can also set their own tax rates or let the tool determine the tax rates consistent with a fiscally responsible tax reform plan.
As policymakers begin to consider how to address the upcoming tax expirations, we hope this tool will help to foster a thoughtful conversation around this pivotal moment – well in advance of the December 2025 deadline.
