Heritage is continuing the fight forward for tax reform this week.
Even though the complete details of the bill have yet to be finalized, both the House and Senate versions have enough in common to reasonably estimate its effect on the economy.
Last Wednesday, Rachel Greszler, a senior policy analyst in economics and entitlements at the Center for Data Analysis, published a report titled “In Charts, How These 7 Taxpayers’ Bills Would Change If Tax Reform Were Enacted” in the Daily Signal.
Each chart shows how different American families would fare under the proposed tax reform.
This is part of Heritage’s continual effort to make Congressional policies transparent to American citizens.
Even though the plan for tax reform isn’t as pro-growth as it could be, it significantly jump-starts America’s economy, and will lead to long-term growth.
How would you improve Congress’ tax reform plan? Do you think it will pass before Christmas?