Joint Committee on Taxation scores Tax Cut and Jobs Act

The growth generated by the tax proposal is projected to reduce the estimated $1.4 billion revenue loss from the proposal by about $458 billion over the 2018-2027 budget period resulting in a net deficit of $1 billion according to Macroeconomic Analysis Of The “Tax Cut And Jobs Act” as ordered reported by the Senate Committee on Finance on November 16, 2017. — Joe

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