D.C. to Enact Remaining Tax Cuts After Projection of Large Recurring Surplus

All remaining tax cuts from the District of Columbia tax reform package passed in 2014 will take effect on January 1, 2018. An updated revenue estimate projects a sufficient recurring surplus to permit the increase of the standard deduction, personal exemption, and estate tax exemption level to federal conformity, and the reduction of the business […]

D.C. to Enact Remaining Tax Cuts After Projection of Large Recurring Surplus was first published on Tax Foundation.


Source: Tax Policy – D.C. to Enact Remaining Tax Cuts After Projection of Large Recurring Surplus

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