Statements (34)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:tax_law
|
| gptkbp:affectedCode |
gptkb:Internal_Revenue_Code
|
| gptkbp:corporateTaxRateAfter |
21%
|
| gptkbp:corporateTaxRateBefore |
35%
|
| gptkbp:country |
gptkb:United_States
|
| gptkbp:debatedBy |
impact on health insurance coverage
distributional effects impact on economic growth impact on federal deficit |
| gptkbp:effect |
reduced corporate tax rate
changed individual income tax brackets increased standard deduction limited state and local tax deduction repealed individual mandate penalty |
| gptkbp:enactedBy |
gptkb:115th_United_States_Congress
|
| gptkbp:houseBillNumber |
gptkb:H.R.1
|
| gptkbp:nickname |
gptkb:TCJA
|
| gptkbp:officialName |
gptkb:Tax_Cuts_and_Jobs_Act
|
| gptkbp:provides |
allowed full expensing of certain business assets
changed alternative minimum tax changed child tax credit changed international tax rules created qualified business income deduction doubled estate tax exemption eliminated personal exemptions limited mortgage interest deduction |
| gptkbp:publicLawNumber |
115-97
|
| gptkbp:signedBy |
gptkb:Donald_Trump
2017-12-22 |
| gptkbp:sponsor |
gptkb:Kevin_Brady
|
| gptkbp:startDate |
2018-01-01
|
| gptkbp:bfsParent |
gptkb:Donald_Trump_presidency
|
| gptkbp:bfsLayer |
6
|
| https://www.w3.org/2000/01/rdf-schema#label |
2017 tax reform
|