Skip to main content
Google Tag Manager
Items per page
Federal Budget and Economy
State and Local Issues
Campaigns, Proposals, and Reforms
Research & Commentary
Laws & Proposals
Tax Policy Center
Treasury Left The Door Open To The 20-Percent Tax Deduction For Pass-Through Businesses
Last Friday, Treasury finalized its regulations for the special 20-percent tax deduction for income from pass-through businesses, which was added by the 2017 Tax Cuts...
January 24, 2019
Steven M. Rosenthal
Eliminate The Deduction For Qualified Business Income And Require Most Firms To Be Taxed As Pass-Throughs
The most problematic provision of the Tax Cuts and Jobs Act (TCJA) may be its 20 percent deduction for qualified business income (QBI) of owners...
June 4, 2018
1986 RIP: Different Tax Rates for Different Income Sources
The 2017 Tax Cuts and Jobs Act (TCJA) was the most far-reaching tax legislation since the Tax Reform Act of 1986 (TRA86). It also put...
March 16, 2018
Eight Thoughts on Business Tax Reform
Today I had the chance to testify before the Senate Finance Committee on business tax reform. Here are my opening remarks. You can find my...
September 19, 2017
Ways To Reform Taxation Of Small Business
On June 14, I testified before the Senate Small Business and Entrepreneurship Committee on how tax reform might affect small business. I delivered two key...
June 16, 2017
Mark J. Mazur
© Urban Institute, Brookings Institution, and individual authors, 2016.