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T22-0159R - Modify Certain Business Provisions Enacted by the 2017 Tax Act (TCJA), by ECI Level, 2027

Table shows the change in the distribution of federal taxes, by expanded cash income level in 2027, of: repealing amortization of research and experimental (R&E) expenditures; extend limitation of interest deductions to 30 percent of EBITDA; and make 100 percent bonus depreciation permanent. These tables were revised on December 7, 2022.

December 5, 2022
table showing impact of changes to TCJA business tax provisions, CTC and EITC by income