Major tax reform that affects both individuals and businesses was enacted in December 2017. Its...
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Major tax reform that affects both individuals and businesses was enacted in December 2017. Its commonly referred to as the Tax Cuts and Jobs Act, TCJA or tax reform. , describe the tax history and main objectives of the U.S. tax law. Analyze one of the provisions from the TCJA and explain how it differs from pre-TCJA tax law. Do you believe this change in tax law does a better job of meeting the intended overall objective of U.S. tax law?
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