Ligget and Webb has done their homework. Link: LW Tax Law Comparison_122017
And yes, I happen to think this is a good bill and will have very positive effects on our economy. I’d prefer a simpler simpler tax scheme (like the Fair Tax), but this is a vast improvement over our current tax scheme.
I’m disgusted, however, that the Carried Interest nonsense still continues (thanks to the douchebag hedge fund lobby – if there was ever a group that needed less protection, I’m not sure what it is – and I used to work in that business); and further AMT still refuses to die the death it so deserves.
But overall, it’s good.
(h/t Riggs)