Document Type

Article

Publication Date

6-25-2018

Abstract

In this report, Shuldiner argues that although the Tax Cuts and Jobs Act appears to offer an across-the board reduction in individual marginal tax rates augmented by an additional 20 percent reduction in rates on unincorporated business income, the situation is significantly more complex.

Keywords

Tax Cuts and Jobs Act, TCJA, marginal tax rates, rate increases, preference for married taxpayers, removal of the marriage penalty, new deduction for unincorporated business income, qualified business income deduction, stacking of capital gains on top of ordinary income

Publication Title

Tax Notes

Publication Citation

159 Tax Notes 1911 (2018)

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