<p>The <a href="/research/federal/legislative-documents/public-laws-and-legislative-history/tax-cuts-and-jobs-act-%28p.l.-115-97%29/1xftl" resolve="source-document/1xftl" title="Source document">Tax Cuts and Jobs Act</a> significantly lowered marginal effective tax rates and effective average tax rates and equalized the tax treatment of investment across asset types, organizational form, and method of financing, according to a May report published by the American Enterprise Institute.</p>

AEI Report Examines Effective Tax Rates, Investment Under TCJA

The Tax Cuts and Jobs Act significantly lowered marginal effective tax rates and effective average tax rates and equalized the tax treatment of investment across asset types, organizational form, and method of financing, according to a May report published by the American Enterprise Institute.