A Complete List of Everything in the Republican Bill, and How Much It Would Cost or Save

$148 bil.

Business interest deduction

$40 bil.

Depreciation allowance for certain property

$37 bil.

Expensing of certain depreciable business assets

$25 bil.

Deduction of domestic research and experimental expenditures

$23 bil.

Charitable contributions to organizations with scholarships

$20 bil.

“MAGA accounts”

$17 bil.

Small manufacturing businesses

$15 bil.

Low-income housing credit

$14 bil.

Reporting threshold for payments

$13 bil.

Employer payments of student loans

$11 bil.

Opportunity zones

$5.5 bil.

Adoption tax credit

$2.3 bil.

Interactions between provisions

$1.8 bil.

Firearm silencers

$1.4 bil.

Loans secured by rural or agricultural real estate

$1.1 bil.

Certain income earned in the U.S. Virgin Islands

$0.9 bil.

Employer-provided child care credit

$0.7 bil.

Repeal excise tax on indoor tanning

$0.4 bil.

Sound recording productions

$0.2 bil.

529 savings plans

$0.1 bil.

Disaster-related personal casualty losses

$0.1 bil.

Certain purchases of employee-owned stock

—

Exclusion of research income from unrelated business taxable income

—

I.R.S. Direct File program

—

Increase penalties for unauthorized disclosures of taxpayer information

—

Postpone tax deadlines for those wrongfully detained abroad

—

Restrict regulation of contingency fees

—

Terminate tax-exempt status of certain organizations

—

Wagering losses

—

Qualified bicycle commuting reimbursement

–$0.2 bil.

American opportunity and lifetime learning credits

–$0.9 bil.

Sports franchises

–$1.0 bil.

Increase penalties connected to Covid-related employee retention credits

–$1.6 bil.

Unrelated business taxable income of a tax-exempt organization

–$2.7 bil.

Name and logo royalties

–$3.8 bil.

Tax on excess compensation within tax-exempt organizations

–$3.8 bil.

Mortgage, casualty loss and other itemized deductions

–$6.2 bil.

Investment income of certain private colleges and universities

–$6.7 bil.

Excise tax for tobacco products

–$12 bil.

Moving expenses exclusion and deduction

–$14 bil.

Earned income tax credit

–$15 bil.

Compensation paid to certain high-earning employees

–$16 bil.

Investment income of tax-exempt private foundations

–$16 bil.

Charitable contributions made by corporations

–$17 bil.

Excise tax on on money sent abroad

–$22 bil.

Limitation on excess business losses by noncorporate taxpayers

–$27 bil.

De minimis entry privilege

–$39 bil.

New limitation on itemized deductions

–$41 bil.

Raise certain taxes to retaliate against “unfair foreign taxes”

–$116 bil.

State and local tax deduction

–$916 bil.