IESET.
Movements·us_trump_tcja_2017

Trump Tax Cuts and Jobs Act

USA·2017 – 2025·Republican (Trump + Republican Congress)
Leaders: Donald Trump · Paul Ryan (Speaker) · Kevin Brady (Ways & Means) · Gary Cohn (NEC)
positionschicago_monetarism

Doctrine — stated goals and content

Large corporate tax cut (35% → 21%), individual rate reductions, territorial corporate taxation, SALT deduction cap, 100% bonus depreciation. Stated case: boost corporate investment + repatriation, reduce compliance burden. Deficit effect ~$1.5T over 10 yrs; growth effect smaller than advertised in studies.

Policy-content fingerprint — how the framework codes this movement on its axes

↓
tax corporate
fiscal.tax_corporate
Statutory and effective corporate tax rates, treatment of depreciation, and international competitiveness.
decreased · strong
lower corporate tax burden
35% → 21% federal corporate rate, largest cut since 1986.
↓
tax progressivity
fiscal.tax_progressivity
Progressivity of the personal income tax schedule, including top marginal rates, bracket spread, and targeted credits (EITC-equivalents).
decreased · moderate
less progressive (flatter rates, compression, smaller credits)
Top individual rate 39.6% → 37%; SALT cap partly offsetting for high-income coastal residents.
—
trade openness
regulatory.trade_openness
Trade policy openness — tariffs, non-tariff barriers, FTAs, industrial protection.
unchanged

Policies enacted

What the data says — linked outcome hypotheses

The movement's outcome claims are tied to these hypotheses. Verdicts update as models run.

not yet written
us_reagan_tax_cuts_growth_effect

Schools of thought aligned or opposed

partial
chicago_monetarism

References