TCJA Extension Simulator Our interactive tool allows you to see the budgetary and distributional impact of extending or modifying each provision of the law. Build your own TCJA reform All Topics Tax Cuts and Jobs Act How should policymakers think about the expiration of provisions in the TCJA? Tax Cuts and Jobs Act Expiration: Options for the Tax Code Most individual income tax provisions of the Tax Cuts and Jobs Act (TCJA) expire at the end of 2025. This report analyzes three options for tax reform surrounding expiration, highlighting the tradeoffs policymakers face. Read the report Scores How Does Macroeconomic Feedback Affect Our Revenue Scores?Dynamic revenue estimates of all three scenarios Clausing-Sarin: Conventional Revenue Score The Impact of TCJA Reform on the Federal Budget Full Extension: Conventional Revenue Score How Does Microeconomic Feedback Affect Our Revenue Scores?Partially dynamic revenue estimates of all three scenarios. Partial Extension: Conventional Revenue Score Analysis Tax Cuts and Jobs Act How Would TCJA Reforms Affect the Time Burden of Filing Taxes? April 12, 2024 By changing the number of forms most filers must complete, TCJA extension would reduce the time it takes to file taxes. Read the analysis Tax Cuts and Jobs Act How Would TCJA Reform Affect Inequality? April 12, 2024 Full TCJA extension would cut taxes for all income groups on average, but a small share of families would pay more in taxes. Read the analysis Tax Cuts and Jobs Act How Would Reforms Affect the U.S. Economy? April 12, 2024 Full TCJA extension would increase deficits. What that means for the US economy depends on how the Federal Reserve responds. Read the analysis Tax Cuts and Jobs Act How Would Reforms Affect Employment And Children’s Economic Outcomes? April 12, 2024 The TCJA changed work incentives and added to the take-home incomes of families, potentially affecting employment and long-term earnings of children. Read the analysis
TCJA Extension Simulator Our interactive tool allows you to see the budgetary and distributional impact of extending or modifying each provision of the law. Build your own TCJA reform
Tax Cuts and Jobs Act Expiration: Options for the Tax Code Most individual income tax provisions of the Tax Cuts and Jobs Act (TCJA) expire at the end of 2025. This report analyzes three options for tax reform surrounding expiration, highlighting the tradeoffs policymakers face. Read the report
Tax Cuts and Jobs Act How Would TCJA Reforms Affect the Time Burden of Filing Taxes? April 12, 2024 By changing the number of forms most filers must complete, TCJA extension would reduce the time it takes to file taxes. Read the analysis
Tax Cuts and Jobs Act How Would TCJA Reform Affect Inequality? April 12, 2024 Full TCJA extension would cut taxes for all income groups on average, but a small share of families would pay more in taxes. Read the analysis
Tax Cuts and Jobs Act How Would Reforms Affect the U.S. Economy? April 12, 2024 Full TCJA extension would increase deficits. What that means for the US economy depends on how the Federal Reserve responds. Read the analysis
Tax Cuts and Jobs Act How Would Reforms Affect Employment And Children’s Economic Outcomes? April 12, 2024 The TCJA changed work incentives and added to the take-home incomes of families, potentially affecting employment and long-term earnings of children. Read the analysis
