Ten years ago, then-Speaker Paul Ryan and Ways and Means Chairman Kevin Brady released the “Better Way” TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. Plan, the blueprint that would eventually become the Tax Cuts and Jobs Act of 2017—the largest overhaul of the US tax code in over 30 years.
With the national debt climbing, Social Security heading toward insolvency, and tariffs reshaping the economy, the next round of reforms will demand bold ideas and a serious look at the trade-offs they carry.
In this special anniversary episode of The Deduction, hosts Erica York and Kyle Hulehan sit down with the plan’s original architects to talk through how it came together, the bold bets they made (and the ones that didn’t pan out, like the border adjustment tax), what a decade of hindsight reveals about its economic impact, and where tax reform goes from here.
Related Links:
- Options for Reforming America’s Tax Code 3.0 See more
- Tracking the Impact of US Tariffs See more
- Can Tax Reform Solve the Debt Problem—or Just Slow It? See more
- Conference: Understanding the Effects of the TCJA See more
- OBBBA Tax Policies: Details and Analysis See more
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