Tax Policy Center

Tax Reform Act of 1986

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
Campaigns, Proposals, and Reforms: TaxVox
As you think about the ambitious tax ideas being proposed by this season’s presidential hopefuls, keep this in mind: Sometimes, far-reaching tax policy ideas outlive the candidacies of those who promote them. Long after their races are distant memories, ideas that opponents mock in the heat of an
April 8, 2016Howard Gleckman