In-Depth: Sponsoring Rep. Tom MacArthur (R-NJ) introduced this bill to require the IRS to create an online tax calculator for taxpayers so they can see the impact the Tax Cuts and Jobs Act will have on their 2018 tax liability while they file their 2017 tax return:

“Over the next year, Americans will seek to understand how the new tax law will affect their bottom line. The new law will absolutely provide Americans with real tax relief, but unfortunately some people in politics and the media have resorted to fear-mongering and spreading misinformation about it. The American people deserve better and they deserve the truth. This bill is a common sense solution that will allow taxpayers to see the real and truthful impact of the new tax law.”

This legislation has the support of 12 cosponsors in the House, all of whom are Republicans. Congressman MacArthur and his cosponsors also sent a letter to the administration suggesting they create a calculator through executive action if Congress fails to take up their bill.





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