Tax Reform 2.0 Roadmap

On Sept. 28, the House passed legislation—the Protecting Family and Small Business Tax Cuts Act of 2018 (H.R. 6760)—that would make permanent provisions in the 2017 tax act (Pub. L. No. 115-97) relating to individuals and pass-through businesses that otherwise would expire at the end of 2025. This roadmap prepared by Bloomberg Tax staff shows how the proposed “Tax Reform 2.0” legislation would change current law, as described by the Joint Committee on Taxation in JCX-69-18, JCX-73-18, and JCX-76-18