Here are some of the key tax policy issues experts are watching for at the first Republican presidential debate on Wednesday.
"Republicans want deficits to be reduced," he said."How do they plan to both do that and deal with this $3 trillion albatross?"One of the closely-watched Tax Cuts and Jobs Act provisions is changes to the individual income tax brackets.
"Without any action, virtually all taxpayers would see their taxes go up," said Erica York, senior economist and research manager with Tax Foundation's Center for Federal Tax Policy. "I don't think we're going to see a complete extension of everything in the Tax Cuts and Jobs Act," she said."There's probably going to have to be some give and take."on the federal tax break for state and local taxes, known as SALT, which has been a key issue for some lawmakers in high-tax states like California, New Jersey and New York.
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