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T22-0151R - Modify Certain Business Provisions Enacted by the 2017 Tax Act (TCJA), by ECI Level, 2023

Table shows the change in the distribution of federal taxes, by expanded cash income level in 2023, 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