Examining the Immediate Effects of Recent Tax Law Changes on the ...

Harris and Trump have competing tax plans. Here's how your ...

Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.

“We're Gonna Get Hit Hard”: How an R&D Tax Policy Change Hurts ...

But after a tax law change went into effect in 2022, the Maryland-based ... As such, the rule in its current form could generate unintended consequences ...

Research Report: Make the Tax Cuts and Jobs Act Permanent | Issues

Indeed, according to Americans for Tax Reform, “new data from the Congressional Budget Office found that the TCJA made the tax code more ...

The Macroeconomic Effects of Income and Consumption Tax Changes

The effects of consumption tax cuts are modest and not statistically significant on GDP and its components. Shifting the burden of taxation from income to ...

Landlords Must Be In Business to Claim the 20% Pass-Through Tax ...

The Tax Cuts and Jobs Act (TCJA), the massive tax reform law enacted by Congress in 2017, took full effect in 2018. The TCJA established a brand new income ...

The Efficiency-Equity Tradeoff of the Corporate Income Tax

We note that our results capture short-run responses and do not account for potential changes in government spending or after-tax redistribution, which are ...

How do tax reductions motivate technological innovation? - Nature

The findings indicate that tax cuts have a stimulating effect on firms' research and development (R&D) innovation. These results hold true even ...

Budgetary Outcomes Under Alternative Assumptions About ...

Some provisions of the 2017 tax act that affect business taxes have scheduled expiration dates or include changes that do not take effect for ...

Taxmageddon 2025: What does it mean for tax planning?

Even if legislation fails, the built-in changes themselves would take effect as scheduled in 2026, reshaping major tax provisions in important ...

Governor Healey Signs First Tax Cuts in More Than 20 Years

Boston — Governor Maura T. Healey today signed into law Massachusetts' first tax cuts in more than 20 years. The $1 billion package includes ...

Economic Issues No. 27 -- Tax Policy for Developing Countries

The most recent data show that the tax level in major industrialized countries (members of the Organization for Economic Cooperation and Development or OECD) is ...

Corporate Tax Avoidance in the First Five Years of the Trump Tax Law

The low effective corporate tax rates found in this study demonstrate the need for substantial tax reform, of which the new corporate minimum ...

Harris vs. Trump on Tax Policy

With large pieces of the 2017 Tax Cuts and Jobs Act (TCJA) set to expire in 2025, taxes will be a top priority for the next presidential ...

Income Inequality in the United States: Using Tax Data to Measure ...

Our first step is to estimate improved fiscal income that adjusts for major tax law changes (primarily TRA86), ... for the effects of major tax ...

Examining the Tax Cuts and Jobs Act - Retirement Financial Center

Under the new law, federal taxes for individuals would decline, on average, by 8%. The average tax rate will fall to 19% from 20.7%, according to the Joint ...

Slashing Tax Rates and Cutting Loopholes - Cato Institute

Congress often pursues short-term tax changes—as it did for TCJA—to obscure the true budgetary effects of permanent policy and to accommodate ...

Debt and Taxes? The Effect of Tax Cuts & Jobs Act of 2017 Interest ...

These results are driven by decreases in long-term domestic debt and by declines in new issuances rather than debt repayment. Additional tests ...

A practical case for extending Trump's corporate tax cuts - The Hill

... legislation included changes in corporate and personal taxes ... On the revenue side, the study found that the effects of higher corporate income ...

What's the Deal with Tax Cuts and Jobs Act Expiration in 2025?

This report summarizes the expiring provisions of the TCJA, other tax policies that may be relevant in the 2025 debate, and current research as to policy ...

Trump's tax cuts: 4 ways they changed the American economy - CNN

Monday is the first Tax Day under the new rules of the Tax Cuts and Jobs Act, but Americans have been adapting to the law since it passed in ...