A major rewrite of the federal tax code awaits the winners of the upcoming 2024 elections. Unless Congress passes new legislation, the 2017 Tax Cuts and Jobs Act (TCJA) individual income and estate tax provisions will expire after 2025. Lawmakers may also seek to alter business tax deductions made less generous by the TCJA to offset the cost of the original bill.
Below are Tax Policy Center analyses and model estimates of the TCJA to help you better understand the choices facing the next president and Congress. They include research on the following topics:
- Who would benefit from extending the TCJA individual income tax provisions?
- What are the TCJA business tax extenders?
- What were the economic consequences of the TCJA?
- How might Congress expand the child tax credit?
This page will serve as a hub for all Tax Policy Center analysis of the TCJA during the 2024 campaign. Check back for additional content as the election approaches.