May 12, 2025 IPAA Supports “Tax Trifecta” Inclusion in Reconciliation Bill
Dear Speaker Johnson, Majority Leader Thune, Leader Jeffries, and Leader Schumer:
We, the undersigned organizations, representing thousands of businesses who collectively employ millions of Americans in all sectors of the U.S. economy, urge Congress to immediately enact three specific pro-growth tax relief proposals in the upcoming reconciliation bill authorized by H.Con.Res.14, the fiscal year 2025 budget resolution. …
We strongly urge Congress to bolster our economy and support American workers and families. Congress should restore immediate R&D expensing, a pro-growth interest deductibility standard, and full expensing for capital investments.
