Episode 25 of DC Dynamics examines the Trump administration's tax deregulatory agenda, focusing on how Treasury and the IRS are using regulatory authority to simplify or roll back complex tax rules rather than pursuing new legislation. Host Ray Beeman, managing partner at Washington Council EY, and Colleen O'Neill, EY US National Tax Department Leader, discuss how this effort builds on the first Trump administration's review of "burdensome" tax regulations and is guided by principles such as avoiding overly complex rules, favoring safe harbors, allowing reasonable compliance methods, and respecting statutory limits after the Loper Bright Supreme Court decision.