Description
This presentation will be an analysis of the new tax plan recently passed in Washington: The Tax Cuts and Jobs Act. Called by many the Trump Tax Plan, these new taxation laws are the first complete tax reform in roughly 30 years. An overhaul of this size will have significant and varying effects on different groups of Americans some affected more than others. My presentation will take a brief look at the history of tax reform in the United States and the differing political ideologies surrounding taxes in general. I then intend to specifically focus on the effects that this new plan will have on specific groups of citizens including students, homeowners, and the retired. I plan to look at the old tax laws and compare them to the new tax laws, analyzing the differences and concluding whether this new reform is as beneficial as the Republican controlled House and Senate claim it to be.
Does Trump's Tax Triumph: an Analysis of the Effects of the Tax Cuts and Jobs Act
This presentation will be an analysis of the new tax plan recently passed in Washington: The Tax Cuts and Jobs Act. Called by many the Trump Tax Plan, these new taxation laws are the first complete tax reform in roughly 30 years. An overhaul of this size will have significant and varying effects on different groups of Americans some affected more than others. My presentation will take a brief look at the history of tax reform in the United States and the differing political ideologies surrounding taxes in general. I then intend to specifically focus on the effects that this new plan will have on specific groups of citizens including students, homeowners, and the retired. I plan to look at the old tax laws and compare them to the new tax laws, analyzing the differences and concluding whether this new reform is as beneficial as the Republican controlled House and Senate claim it to be.