AGC-Backed Tax Bills Introduced
Bills would Repeal Estate Tax and Make Pass-Thru Deduction Permanent The Tax Cuts and Jobs Act (TCJA)—passed at the end of 2017—doubled the estate tax exemption from $5 million to $10 million. However, that provision expires in 2025 without further Congressional action. Senator Thune’s legislation (which follows legislation also introduced by Rep. Jason Smith in