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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,

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. Based on readings in your textbook and an article from the KU library, 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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