Winners and losers in the Tax Cuts and Jobs Act
Dec 22, 2017
Adam Looney, a senior fellow in Economic Studies and former deputy assistant secretary for tax analysis at the U.S. Treasury Department, discusses the good, the bad, and the ugly parts of the recently passed Tax Cuts and Jobs Act, and explains the implications it will have on pass-through businesses, individual and corporate tax rates, and more.
Also in this episode, Jenny Schuetz, David M. Rubenstein Fellow in the Metropolitan Policy Program, explains in our latest Metro Lens segment how a provision in the new tax plan which lowers the mortgage interest deduction amount could affect home values and potential home owners.
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