Tax Cuts and Jobs Act

: TaxVox

A Bubble with a Bite: The House Tax Bill Implies a 49.4 Percent Top Effective Tax Rate

Later this week, the House will vote on its version of the Tax Cuts and Jobs Act (TCJA). The bill advertises a top individual income...

November 14, 2017William G. Gale

: TaxVox

Many Families with Children Won’t Be Helped By The House Version Of The Tax Cuts And Jobs Act

President Trump and House Republicans promised families a significant increase in the Child Tax Credit (CTC) . The House Ways & Means Committee’s Tax Cuts...

November 14, 2017Elaine Maag

Campaigns, Proposals, and Reforms: TaxVox

Retracting And Correcting Estimates

TPC staff found an error in the preliminary distributional tables and analysis of the Tax Cuts and Jobs Act (TCJA) that we released on November 6, 2017.

November 8, 2017Mark J. Mazur

: TaxVox

The 25-Percent Rate for Pass-Through Businesses Helps Rich Investors, Not “Small” Businesses

House Ways & Means Committee Chairman Kevin Brady’s recently-introduced tax plan promises to cap the income tax rate for income generated by pass-through businesses at...

November 8, 2017Steven M. Rosenthal