Brookings Examines Economic Effects of TCJA

Brookings Examines Economic Effects of TCJA

Brookings Institution

The Tax Cuts and Jobs Act reduced federal revenues and had a minimal effect on decreasing international profit shifting, and growth in business formation and employment slowed after the law was enacted, the Brookings Institution said in a July 6 report.

The Tax Cuts and Jobs Act reduced federal revenues and had a minimal effect on decreasing international profit shifting, and growth in business formation and employment slowed after the law was enacted, the Brookings Institution said in a July 6 report.

The Tax Cuts and Jobs Act reduced federal revenues and had a minimal effect on decreasing international profit shifting, and growth in business formation and employment slowed after the law was enacted, the Brookings Institution said in a July 6 report.

The Tax Cuts and Jobs Act reduced federal revenues and had a minimal effect on decreasing international profit shifting, and growth in business formation and employment slowed after the law was enacted, the Brookings Institution said in a July 6 report.