|
gptkbp:instanceOf
|
gptkb:United_States_federal_law
|
|
gptkbp:affects
|
corporate income tax
estate tax
individual income tax
international taxation
pass-through businesses
|
|
gptkbp:appliesToTaxYears
|
2018 and after
|
|
gptkbp:changedAlternativeMinimumTax
|
modified
|
|
gptkbp:changedChildTaxCredit
|
increased
|
|
gptkbp:changedEstateTaxExemption
|
doubled
|
|
gptkbp:changedMortgageInterestDeduction
|
limited
|
|
gptkbp:changedObamacareIndividualMandate
|
repealed penalty
|
|
gptkbp:changedPersonalExemption
|
eliminated
|
|
gptkbp:changedStandardDeduction
|
increased
|
|
gptkbp:citation
|
gptkb:26_U.S.C._§_1_et_seq.
|
|
gptkbp:criticizedFor
|
increasing federal deficit
|
|
gptkbp:debatedBy
|
gptkb:Democratic_Party
gptkb:Republican_Party
|
|
gptkbp:enactedBy
|
gptkb:115th_United_States_Congress
|
|
gptkbp:fullName
|
gptkb:Tax_Cuts_and_Jobs_Act
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
TCJA
|
|
gptkbp:introducedPassThroughDeduction
|
20%
|
|
gptkbp:limitedStateAndLocalTaxDeduction
|
$10,000
|
|
gptkbp:nickname
|
gptkb:Trump_tax_cuts
|
|
gptkbp:opposedBy
|
gptkb:Democratic_Party
|
|
gptkbp:previousCorporateTaxRate
|
35%
|
|
gptkbp:publicLawNumber
|
gptkb:Public_Law_115-97
|
|
gptkbp:purpose
|
gptkb:tax_law
|
|
gptkbp:reducedCorporateTaxRate
|
21%
|
|
gptkbp:repealedOrModified
|
some provisions by Inflation Reduction Act of 2022
|
|
gptkbp:signedBy
|
gptkb:Donald_Trump
2017-12-22
|
|
gptkbp:startDate
|
2018-01-01
|
|
gptkbp:sunsetProvisions
|
many individual tax cuts expire after 2025
|
|
gptkbp:supportedBy
|
gptkb:Republican_Party
|
|
gptkbp:bfsParent
|
gptkb:Tax_Cuts_and_Jobs_Act_of_2017
|
|
gptkbp:bfsLayer
|
5
|