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JCT report on federal tax system, in effect for 2019

JCT report on federal tax system, in effect for 2019

The staff of the Joint Committee on Taxation (JCT) today released its annual overview of the federal tax system.


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The JCT’s federal tax overview describes the individual income tax, the corporate income tax; the estate, gift, and generation skipping taxes; social insurance taxes; and certain major excise taxes as in effect for calendar year 2019. The report also provides some historical data related to the federal tax system and provides projections of some features of the federal tax system as in effect for 2019.

Read JCX-9-19: Overview of the Federal Tax System as in Effect for 2019

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