Model Estimate T22-0151R - Modify Certain Business Provisions Enacted by the 2017 Tax Act (TCJA), by ECI Level, 2023 t22-0151r.xls
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Table shows the change in the distribution of federal taxes, by expanded cash income level in 2023, of: repealing amortization of research and experimental (R&E) expenditures; extend limitation of interest deductions to 30 percent of EBITDA; and make 100 percent bonus depreciation permanent. These tables were revised on December 7, 2022.

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Model Estimates Type Distribution Tables by Income Level
Primary topic Business Taxes
Topics Corporate income tax Income taxes (business) Pass-through entities Current legislative proposals
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