Tax Policy Center

Tax Reform Act of 1986

Campaigns, Proposals, and Reforms: TaxVox
President Biden set off a kerfuffle when he posted on “X,” formerly Twitter, “Donald Trump was very proud of his $2 trillion tax cut that...
May 1, 2024Howard Gleckman
Business Taxes: TaxVox
As the partisan battle heats up over President Biden’s ambitious infrastructure plan—and the tax increases to pay for it—the fate of the package will largely...
June 17, 2021Howard Gleckman
Business Taxes: TaxVox
The idea of indexing capital gains for inflation is getting a lot of attention these days. Larry Kudlow, who heads the White House National Economic...
August 22, 2018C. Eugene Steuerle
Campaigns, Proposals, and Reforms: TaxVox
In a recent TaxVox blog, my TPC colleague Eric Toder showed that the 2017 Tax Cuts and Jobs Act (TCJA) effectively upended the key principle...
March 30, 2018Harvey Galper
: 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
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
Campaigns, Proposals, and Reforms: TaxVox
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
Bismarck is credited with the warning: “If you like laws and sausages, you should never watch either one being made.” It is never truer than...
November 29, 2017C. Eugene Steuerle
: TaxVox
In a speech earlier this week, Donald Trump invoked Ronald Reagan’s 1981 tax cuts as a model for his own plan. Trump said Reagan’s tax...
October 20, 2017William G. Gale
: TaxVox
Endorsing the concept of tax reform is just one small step towards making it a reality. How do lawmakers, who are confronted with an almost...
October 13, 2017C. Eugene Steuerle