JCT Says House Tax Cuts and Jobs Act Would Cost $1.44 Trillion

JCT Says House Tax Cuts and Jobs Act Would Cost $1.44 Trillion

U.S. Joint Committee on Taxation

H.R. 1, the Tax Cuts and Jobs Act, as passed by the House Ways and Means Committee, which would provide comprehensive tax reform, would reduce revenue from 2018 to 2027 by $1.44 trillion, according to November 11 estimates by the Joint Committee on Taxation.

H.R. 1, the Tax Cuts and Jobs Act, as passed by the House Ways and Means Committee, which would provide comprehensive tax reform, would reduce revenue from 2018 to 2027 by $1.44 trillion, according to November 11 estimates by the Joint Committee on Taxation.

<a href="/lr/resolve/source-document/1x9xc" title="Source document">H.R. 1</a>, the Tax Cuts and Jobs Act, as passed by the House Ways and Means Committee, which would provide comprehensive tax reform, would reduce revenue from 2018 to 2027 by $1.44 trillion, according to November 11 estimates by the Joint Committee on Taxation.

H.R. 1, the Tax Cuts and Jobs Act, as passed by the House Ways and Means Committee, which would provide comprehensive tax reform, would reduce revenue from 2018 to 2027 by $1.44 trillion, according to November 11 estimates by the Joint Committee on Taxation.