#TrumpTaxCuts The Congress has a decision to make. Leave American small business owners hanging or ensure a tax system that allows America's entrepreneurs to thrive?

This is the question that Congress must answer when deciding whether to renew critical provisions that are about to expire from the Tax Cuts and Jobs Act of 2017 (TCJA).

Passed by Congress less than a year after the beginning of President Donald Trump's first term, the TCJA implemented tax cuts, structural reforms, and simplifications that helped produce the growing American economy of 2018 and 2019. The results? 50-year low unemployment and rapid gains in average household income – prosperity that would have continued if not for COVID-19 and the resulting massive increase in federal spending.

But if the TCJA is allowed to expire at the end of the year, no one will be more affected than small businesses.