The Tax Cuts and Jobs Act will sunset at the end of 2025 if Congress doesn’t extend the legislation or make the measures permanent. Successful Farming says provisions scheduled to end include a pass-through deduction for business owners, lower individual income tax rates, expanded tax brackets, and a higher estate tax exemption threshold. Other provisions in the Act have already lapsed or begun phasing out ahead of the expiration. “If these policies expire, that could put as many as 5.9 million U.S. jobs, $540 billion of U.S. employee compensation, and $1.1 trillion of U.S. GDP at risk,” says a new analysis from the consultancy firm EY. While the manufacturing sector would lose the most jobs, the report also says that agriculture, forestry, and the fishing and hunting industries could lose a combined 50,000 jobs, leading to lost wages and benefits totaling $3 billion and reduced economic activity of $10 billion.