Tax Policy Center

Tax Cuts and Jobs Act

: TaxVox

Comparing Estimates of the Macroeconomic Effects of Tax Policy: Growth Rates vs. Levels

In recent weeks, we have seen many different estimates of how the Tax Cuts and Jobs Act (TCJA) would affect the US economy. These projections...
December 14, 2017Benjamin R. Page
Campaigns, Proposals, and Reforms: TaxVox

TPC Creates Some Examples Of How Families Would Fare Under The House And Senate Tax Bills

The House and Senate versions of the Tax Cuts and Jobs Act would change the tax bills of households in very different ways. To show...
December 13, 2017Howard Gleckman
Business Taxes: TaxVox

The Senate’s Tax Bill Would Cut Taxes Three Times More For Business Owners Than Workers

The Senate’s Tax Cuts and Jobs Act (TCJA) could reduce taxes by nearly three times as much for business owners in 2019 as for people...
December 13, 2017Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

The Senate’s Tax Cuts and Jobs Act Would Do Little For Families with Children

At first glance, the Senate version of the Tax Cuts and Jobs Act (TCJA), looks friendlier to families with children than the House plan. Rather...
December 13, 2017Elaine Maag
Campaigns, Proposals, and Reforms: TaxVox

The Tax Cut And Jobs Act’s Phase-Ins, Phase-Outs, And Sunsets Do Not Make A Pretty Picture

Among the complexities of the Tax Cuts and Jobs Act are its multiple timing changes. Both the House and Senate bills are filled with delayed effective dates, sunsets, and phase-outs.
December 12, 2017Howard GleckmanDaniel Berger
: TaxVox

The Senate’s Tax Cut Would Generate Little New Long-Run Economic Growth

The Senate version of the Tax Cuts and Jobs Act (TCJA) would increase Gross Domestic Product modestly until 2025, and by less after many of...
December 11, 2017Benjamin R. Page
Campaigns, Proposals, and Reforms: TaxVox

Who Would Pay For The Tax Cuts and Jobs Act?

The House and Senate have passed different versions of the Tax Cuts and Jobs Act (TCJA). Both bills would reduce federal revenues by more than...
December 8, 2017William G. Gale
Campaigns, Proposals, and Reforms: TaxVox

Without Guiding Principles, The TCJA Is Becoming A Magnet For Special Deals

Tax reform is hard enough when it is based on a set of principles around which Congress can write a new law. But when lawmakers...
December 7, 2017Howard Gleckman
: TaxVox

The Senate Would Keep The Individual AMT, But Turn It Into A Very Different Tax

The individual alternative minimum tax (AMT) looks like it may survive yet another tax overhaul. But the latest incarnation of the tax may look very...
December 6, 2017Leonard E. BurmanJoseph Rosenberg
Campaigns, Proposals, and Reforms: TaxVox

Only 1,700 Estates Would Owe Estate Tax in 2018 Under the TCJA

The House and Senate versions of the Tax Cuts and Jobs Act would reduce the number of taxable estates by about two-thirds in 2018, and...
December 6, 2017Howard Gleckman