Comparing the House and Senate Tax Reform Proposals

This is a comprehensive table from Baird’s Tim Steffen comparing both the House of Representatives and the Senate tax reform bills to current law. This is a handy, at-a-glance tool for comparison as both bills are far from identical. As an example, nearly all the provisions in the House plan are permanent, while most Senate provisions affecting individuals expire in 2025. And while the House plans to permanently repeal the AMT and estate tax, the Senate simply expands the exemptions from those taxes, and only temporarily.

Both sides are hoping to resolve all of this by Christmas.

Visit PDF of chart here

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