Trump Signs Tax Reform Bill Into Law

posted in: Estate Taxes | 0

Earlier today President Trump signed the just-passed tax reform legislation into law.

Though there had been discussion that the President would wait until January to sign the legislation, last night Congress passed a government funding bill that includes a waiver of mandatory spending cuts under “pay as you go” budget requirements – a waiver that freed the President up to sign the bill without also requiring cuts of certain entitlement programs.

With the bill now law, the policies are set to take effect January 1, 2018 – including the doubling of the estate tax exemption.

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Policy and Taxation Group, a 501(c)(4) organization, is your voice in Washington on economic freedom. We advocate for policies that allow American families to fully enjoy the economic liberties and benefits of a robust free market unique to our nation. For over 25 years, we have been the loudest voice in the nation’s capital on eliminating the death tax. This ill-conceived tax has a destructive impact on families, family businesses, job creation, and the national economy.