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Tax Policy Blog

Stay informed with quick and accessible analysis of today's top tax policy topics. Read Tax Foundation's Tax Policy Blog for insight from our experts on tax policies across the U.S. and abroad.

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Permanent Build Back Better middle class tax hike Tax Cuts and Jobs Act, Tax Reform

Tax Reform 2.0 Takes Shape

Recently, Congress released a series of bills which have been dubbed “Tax Reform 2.0.” These bills modify and build upon the Tax Cuts and Jobs Act, whose individual provisions are currently set to expire at the end of 2025. We outline the details of each bill, including changes to tax rates, the standard deduction, and the child tax credit.

3 min read