H. R. 1 -Tax Cuts and Jobs Act of 2017
GPTKB entity
Statements (60)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legislation
|
| gptkbp:affects |
businesses
|
| gptkbp:amended_by |
tax brackets
alternative minimum tax international tax rules retirement account rules |
| gptkbp:amends |
gptkb:Internal_Revenue_Code
|
| gptkbp:budget |
$1.5 trillion
|
| gptkbp:controversy |
tax cuts for wealthy
|
| gptkbp:created |
gptkb:Opportunity_Zones
new tax incentives |
| gptkbp:effective_date |
January 1, 2018
|
| gptkbp:enacted_by |
gptkb:115th_United_States_Congress
|
| gptkbp:has_limitations |
state and local tax deduction
deductions for mortgage interest |
| https://www.w3.org/2000/01/rdf-schema#label |
H. R. 1 -Tax Cuts and Jobs Act of 2017
|
| gptkbp:impact |
taxpayers
|
| gptkbp:included |
provisions for education savings
repeal of ACA mandate |
| gptkbp:includes |
tax credits
|
| gptkbp:includes_provisions_for |
business expensing
|
| gptkbp:increased |
child tax credit
standard deduction tax credits for families tax compliance costs pass-through income deduction |
| gptkbp:influenced |
economic growth
political landscape business investment |
| gptkbp:influenced_by |
gptkb:Republican_Party
|
| gptkbp:introduced_in |
gptkb:House_of_Representatives
|
| gptkbp:is_affected_by |
state budgets
charitable contributions individual taxpayers |
| gptkbp:is_criticized_for |
tax policy experts
|
| gptkbp:is_debated_in |
tax reform
|
| gptkbp:is_opposed_by |
gptkb:Democratic_Party
deficit concerns |
| gptkbp:is_supported_by |
business groups
|
| gptkbp:led_to |
taxpayer confusion
|
| gptkbp:passed_house |
December 2017
|
| gptkbp:passed_senate |
December 2017
|
| gptkbp:proposed_by |
gptkb:House_Republicans
|
| gptkbp:reduces |
tax rates
corporate tax rate estate tax exemption |
| gptkbp:related_to |
federal budget
|
| gptkbp:repealed_by |
Affordable Care Act individual mandate
|
| gptkbp:resulted_in |
increased federal deficit
changes to tax law |
| gptkbp:rounds |
personal exemptions
|
| gptkbp:set_expiration |
2025
|
| gptkbp:signed_by |
gptkb:Donald_Trump
|
| gptkbp:sparked |
debate on tax policy
|
| gptkbp:supported |
middle-class tax cuts
|
| gptkbp:updates |
tax code
tax filing process tax treatment of foreign income |
| gptkbp:bfsParent |
gptkb:Vern_Buchanan
|
| gptkbp:bfsLayer |
4
|