OBBB and TCJA

OBBB and TCJA compared.  OBBB is “One Big Beautiful Bill.”  This opus proposes tax cuts for most U.S. taxpayers.  TCJA is the 2017 “Tax Cuts and Jobs Act,” the very stimulative tax cuts of President Trump’s first term. TCJA will expire soon.  The current debate is over renewing its provisions.

Fig01 graph OBBB and TCJA

This post also introduces a new author to the blog. Donald Schneider is … well, here’s his X bio.

Deputy Head of US Policy at Piper Sandler. Tweets on public policy and the economy. Formerly Chief Economist @waysandmeansgop. Personal views only.

Good enough for me!  Here’s his take on OBBB and TCJA.

 

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About Tony Lima

Retired after teaching economics at California State Univ., East Bay (Hayward, CA). Ph.D., economics, Stanford. Also taught MBA finance at the California University of Management and Technology. Occasionally take on a consulting project if it's interesting. Other interests include wine and technology.