Jorge Castro, former Counselor to the IRS Commissioner and former Congressional tax counsel, commented on the political implications of the approaching expiration of the TCJA's estate tax exemption at the end of 2025. With Democrats focusing on taxing high-income earners and Republicans potentially aiming to maintain the higher threshold or eliminate the estate tax, the upcoming elections will set the table for the discussions next year. Castro notes that potential "Democratic control of the Senate or the House will be determined by wins from members in battleground states or representing rural areas," which will influence the party's stance on the estate tax and the political outlook in 2025.