Is A Major Tax Change Coming? EconoFact Chats podcast

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Is a Major Tax Change Coming?

8d ago 20:40

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The 2017 Tax Cut and Jobs Act was among the most sweeping realignments of the U.S. tax code in over three decades. It lowered tax rates, simplified taxes, raised the government debt, and was regressive, benefitting people who are well off more than the middle-class and the poor. But many of the Act's provisions are set to expire at the end of 2025 unless action is taken to preserve them. What would the expiration, or the continuation, of these provisions mean for people’s tax burdens, government debt, and the performance of the American economy? Bill Gale joins EconoFact Chats to discuss these questions. Bill is an economist at the Brookings Institution, and is co-director of The Urban-Brookings Tax Policy Center. His most recent book is 'Fiscal Therapy: Curing America's Debt Addiction and Investing in the Future.'

… continue reading

258 episoder

#News #EconoFact #On Covid19

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Is a Major Tax Change Coming?

EconoFact Chats

23 subscribers

published 8d ago

Del

MP3•Episode hjem

Indhold leveret af EconoFact. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af EconoFact eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

The 2017 Tax Cut and Jobs Act was among the most sweeping realignments of the U.S. tax code in over three decades. It lowered tax rates, simplified taxes, raised the government debt, and was regressive, benefitting people who are well off more than the middle-class and the poor. But many of the Act's provisions are set to expire at the end of 2025 unless action is taken to preserve them. What would the expiration, or the continuation, of these provisions mean for people’s tax burdens, government debt, and the performance of the American economy? Bill Gale joins EconoFact Chats to discuss these questions. Bill is an economist at the Brookings Institution, and is co-director of The Urban-Brookings Tax Policy Center. His most recent book is 'Fiscal Therapy: Curing America's Debt Addiction and Investing in the Future.'

… continue reading

258 episoder

#News #EconoFact #On Covid19

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