JCT Says Senate Tax Cuts and Jobs Act Would Cost $1.41 Trillion

JCT Says Senate Tax Cuts and Jobs Act Would Cost $1.41 Trillion

U.S. Joint Committee on Taxation

The Senate Finance Committee's version of the GOP's tax reform plan, theTax Cuts and Jobs Act, would reduce revenue from 2018 to 2027 by $1.41 trillion, according to November 17 estimates by the Joint Committee on Taxation.

The Senate Finance Committee's version of the GOP's tax reform plan, theTax Cuts and Jobs Act, would reduce revenue from 2018 to 2027 by $1.41 trillion, according to November 17 estimates by the Joint Committee on Taxation.

The Senate Finance Committee's version of the GOP's tax reform plan, theTax Cuts and Jobs Act, would reduce revenue from 2018 to 2027 by $1.41 trillion, according to November 17 estimates by the Joint Committee on Taxation.

The Senate Finance Committee's version of the GOP's tax reform plan, theTax Cuts and Jobs Act, would reduce revenue from 2018 to 2027 by $1.41 trillion, according to November 17 estimates by the Joint Committee on Taxation.