Taxes, Cut

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The Republican party has for years sought to reform an American tax code widely viewed as uncompetitive, expressing their ambitious goal as simply making the tax system “that looks like someone designed it on purpose.” Last November, when the party gained control of both chambers of Congress and the White House, tax reform emerged as the party’s main fiscal priority for its first year in power. Despite the sometimes fitful nature of the Trump administration’s relationship with Congress, Republicans passed a sweeping reform of the tax system shortly before the end of Mr Trump’s first year in office, known as the Tax Cuts and Jobs Act (TCJA).

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  • 01/07/2020
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