Tax Policy Center

Tax Cuts and Jobs Act

: TaxVox

The Price We Pay for Capping the SALT Deduction

The Tax Cuts and Jobs Act (TCJA) limited the ability of taxpayers to deduct state and local taxes (SALT) from their federal taxable income. New...
February 15, 2018Tracy Gordon
Federal Budget and Economy: TaxVox

The Fiscal Disarmament Of President Trump and the GOP

President Trump, who sees himself as the toughest guy in the room, is, along with his GOP allies in Congress, disarming the federal government’s ability...
February 14, 2018Howard Gleckman
Business Taxes: TaxVox

Will the Tax Cuts and Jobs Act grow US businesses?

But after the TCJA's bonus buzz fades, what will companies do with their extra money? Will they use it to make more capital investments in the US to boost productivity, and eventually, workers’ wages?
February 7, 2018Renu Zaretsky
Federal Budget and Economy: TaxVox

Starving the Beast? The Tax Cuts And Jobs Act Seems to Be Feeding It

For decades, a guiding principle for many conservatives was that tax cuts not only boost the economy directly but also by shrinking the size of...
February 6, 2018Howard Gleckman
: TaxVox

Did the President and Congress “Give” Us a Tax Cut?

Politicians love to claim that they have given us something. “We want to give you, the American people, a giant tax cut for Christmas ...
February 5, 2018C. Eugene Steuerle
Business Taxes: TaxVox

Explaining the TCJA’s International Reforms

In a blog post introducing a recent article I wrote for AEI’s Economic Perspectives, AEI’s Stan Veuger describes this approach as replacing “subdued worldwide corporate...
February 2, 2018Eric Toder
: TaxVox

Navigating The TCJA’s Pass-Through Deduction

The Tax Cuts and Jobs Act (TCJA) creates a new tax deduction of up to 20 percent of income from partnerships, sole proprietorships, and other...
February 1, 2018Aaron KrupkinHoward Gleckman
Campaigns, Proposals, and Reforms: TaxVox

The TCJA's Really, Really Big Postcard

The Trump Administration continues to tout the idea that, thanks to the Tax Cuts and Jobs Act (TCJA), Americans will be able to fill out...
January 29, 2018Howard Gleckman
: TaxVox

How Taxpayers in DC and its Suburbs Would Fare Under the New Tax Law

As Tax Policy Center analyses have shown , the Tax Cuts and Jobs Act (TCJA) treats people of similar incomes in very different ways, depending...
January 22, 2018John IselinPhilip Stallworth
Individual Taxes: TaxVox

The Downmarketing Of Tax Shelters

The Tax Cuts and Jobs Act has turned us into a nation of tax shelter hunters.
January 18, 2018Howard Gleckman