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Assessing the new tax law as April 15 arrives

CQ on Congress podcast, Episode 148

Internal Revenue Service building in Washington (Bill Clark/CQ Roll Call file photo)
Internal Revenue Service building in Washington (Bill Clark/CQ Roll Call file photo)

 

Taxes are due on April 15 and Americans are finding out how the 2017 law affected them. Howard Gleckman, a senior fellow at the Tax Policy Center, a nonpartisan think tank, and Peter Cohn, CQ’s tax editor, discuss how the law has played out for both individuals and corporations and find that it’s given some a windfall, and rationalized the code for others, but hasn’t done as much as Republicans expected to juice economic growth.

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