Tax Policy Center

Tax Cuts and Jobs Act

: TaxVox
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, 2018Eric Toder
: TaxVox
By substantially cutting the number of taxpayers who will receive a charitable deduction, the Tax Cuts and Jobs Act (TCJA) has created an opportunity for...
February 28, 2018C. Eugene Steuerle
State and Local Issues: TaxVox
As states continue to search for ways to protect their residents from the Tax Cuts and Jobs Act’s (TCJA) limits on the federal deductibility of...
February 27, 2018Howard Gleckman
Federal Budget and Economy: TaxVox
Last year, Congress proved it can act quickly—enacting the massive Tax Cuts and Jobs Act (TCJA) just six weeks after the first version was introduced...
February 26, 2018Steven M. Rosenthal
: TaxVox
The Tax Cuts and Jobs Act (TCJA) affects the after-tax income of households in two ways: directly through the individual income tax and indirectly through...
February 19, 2018Benjamin R. Page
: TaxVox
The Tax Cuts and Jobs Act (TCJA) limited the ability of taxpayers to deduct state and local taxes (SALT) from their federal taxable income. New...
February 15, 2018Tracy Gordon
Federal Budget and Economy: TaxVox
President Trump, who sees himself as the toughest guy in the room, is, along with his GOP allies in Congress, disarming the federal government’s ability...
February 14, 2018Howard Gleckman
Business Taxes: TaxVox
But after the TCJA's bonus buzz fades, what will companies do with their extra money? Will they use it to make more capital investments in the US to boost productivity, and eventually, workers’ wages?
February 7, 2018Renu Zaretsky
Federal Budget and Economy: TaxVox
For decades, a guiding principle for many conservatives was that tax cuts not only boost the economy directly but also by shrinking the size of...
February 6, 2018Howard Gleckman
: TaxVox
Politicians love to claim that they have given us something. “We want to give you, the American people, a giant tax cut for Christmas ...
February 5, 2018C. Eugene Steuerle