Tax Policy Center

Tax Reform Act of 1986

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
Campaigns, Proposals, and Reforms: TaxVox
When President Reagan first introduced his version of what would become the landmark 1986 tax reform, his staff kicked off the debate with a phone...
April 27, 2017Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
Have you noticed the subtle reframing of Donald Trump’s tax plan? During the campaign, it was a huge tax cut. Now, Trump and his congressional...
November 15, 2016Howard Gleckman