, Columnist
Digging Into the Details of Trump's Tax Reform Plan
Or is it more about tax cuts? Either way, expect lots of changes.
Don't get too attached.
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The long-awaited tax reform and/or tax cut proposal is finally here. Its name makes no bones about it: The Tax Cuts and Jobs Act has lots of the expected goodies in it, as well as a few surprises. There are plenty of interesting ideas in the proposal, which is one part reform and two parts tax cut.
There is a significant debate to be had over whether now is the point in the economic cycle to introduce such a substantial stimulus. This is not that debate. Instead, I want to look at the plan’s specifics, primarily these highlights: