The alcoholic beverage industry is hoping to avoid any tax hikes this year as Congress searches for ways to pay for big tax legislation in 2025.
Republicans are hoping to extend and expand the individual tax cuts included in the 2017 overhaul, also known as the Trump tax cuts, which are set to expire at the end of 2025 under current law. But there will need to be pay-fors for the cuts, and the alcoholic beverage industry is hoping to avoid any tax hikes that could hurt small businesses across the country.
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