How the Byrd Rule Might Have Killed the 2017 Tax Bill . . . And Why It Didn't

ABA Tax Times, Vol. 37, No. 4 (Summer 2018)

8 Pages Posted: 18 Jul 2018 Last revised: 14 Jun 2019

See all articles by George K. Yin

George K. Yin

University of Virginia School of Law

Date Written: August 1, 2018

Abstract


During debate on the 2017 tax bill that was once slated to become the “Tax Cuts and Jobs Act,” the number of stories referencing an arcane budget law known as the “Byrd rule” skyrocketed in publications as diverse as the New York Times and the weekly trade magazine, Tax Notes. Many of the references, however, dealt with minor effects of the rule, such as its role in removing the bill’s short title from the final legislation. This article briefly describes a much more important and little-known aspect of this little-known rule that might have—and perhaps should have—killed the bill altogether.

Keywords: Byrd rule, 2017 tax bill, budget law, legislative process

JEL Classification: H20, H60, K34

Suggested Citation

Yin, George K., How the Byrd Rule Might Have Killed the 2017 Tax Bill . . . And Why It Didn't (August 1, 2018). ABA Tax Times, Vol. 37, No. 4 (Summer 2018). Available at SSRN: https://ssrn.com/abstract=3199963 or http://dx.doi.org/10.2139/ssrn.3199963

George K. Yin (Contact Author)

University of Virginia School of Law ( email )

580 Massie Road
Charlottesville, VA 22903
United States
434-924-7025 (Phone)
434-924-7536 (Fax)

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