TCJA

Tax Foundation: SALT cap repeal would primarily benefit high-income earners

August 27, 2021 by Martha Njolomole

Passed in 2017, the Tax Cuts and Jobs Act (TCJA), among other things, capped the State and Local Tax (SALT) deduction — the amount of State and Local Taxes paid that…

August 27, 2021 by Martha Njolomole

Spending & Taxes

Share of federal taxes paid by top 1 percent increased after Trump tax cuts

August 20, 2021 by Martha Njolomole

When the Tax Cuts and Jobs Act (TCJA) was introduced in 2017, opponents claimed the bill was a giveaway to the rich. Data from the Congressional Budget Office (CBO), however,…

August 20, 2021 by Martha Njolomole