Estate-Tax

Trump Signs Tax Cuts and Jobs Act - Corporate Rate Permanently Slashed from 35% to 21%, Pass-Through Deduction, Estate Tax Exemption Doubled, $1.9 Trillion Added to Deficit

2017-12-22 00:00:00 +0000 UTC | Importance: 10/10

On December 22, 2017, President Donald Trump signed the Tax Cuts and Jobs Act (TCJA) into law, enacting the most sweeping tax reform package in 30 years and permanently slashing the corporate tax rate from 35% to a flat 21%—a 40% reduction representing the largest corporate tax cut in American …

Donald Trump Paul Ryan Mitch McConnell Kevin Brady Orrin Hatch +5 more tax-policy trump-administration corporate-corruption wealth-transfer deficit-spending +5 more

Bush Signs EGTRRA Tax Cuts - Top Rate Reduced from 39.6% to 35%, Estate Tax Phased Out, Beginning $1.5 Trillion Debt Increase

2001-06-07 00:00:00 +0000 UTC | Importance: 8/10

On June 7, 2001, President George W. Bush signed the Economic Growth and Tax Relief Reconciliation Act (EGTRRA) into law, enacting the first wave of the ‘Bush tax cuts’ that would add approximately $1.5 trillion to the national debt over the 2002-2011 decade, excluding interest. The …

George W. Bush Dick Cheney Paul O'Neill Dennis Hastert Trent Lott +3 more tax-policy bush-administration supply-side-economics wealth-transfer deficit-spending +4 more