This project is a 10-page paper on one of the following topics affected by the 2017 Tax Cuts and Jobs Act (TCJA): (1) repeal of dependent exemptions; (2) increasing the Child Tax Credit and the refundable component; (3) restriction of state/local tax deductions to $10,000 for taxpayers who itemize their deductions; (4) increasing the standard deduction amounts and their effect on withholding payments in 2018 and overall; or (5) any student may propose any related TCJA topics that must be approved by instructor.
Papers must detail (1) what the law was before the TCJA of 2017, (2) how the TCJA affected their topic, (3) what the law/procedures/policies of their topic is currently in 2020, (4) whether or not there is any current proposals to change or reverse the TCJA revisions, and (5) any suggestions for improved policy to your topic.
You must footnote all citations and provide links for any materials/information that you found on the internet.
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