The Trump administration's anticipated tax and economic changes will probably be enacted in a watered-down version.

Judged by the end of 2018, comparing the tax and economic legislation actually enacted with the Trump administration's proposals as anticipated in September 2017 (for example, the 15% corporate rate, the 15% pass-through rate, repealing the estate tax and AMT, and large-scale infrastructure spending). True: legislation was enacted, and it was clearly scaled back from those proposals on most major items (for example, a higher corporate rate than proposed, or provisions dropped or made temporary). Mostly true: legislation was enacted and was watered down on some prominent items, but it delivered most of the anticipated changes largely intact. Mixed: watered down in about as many major respects as it was delivered in full or exceeded. Mostly false: the enacted changes matched or went beyond the anticipated proposals in nearly all respects. False: the enacted changes matched or exceeded the proposals in full, or nothing was enacted (nothing enacted is not a 'version' of the anticipated changes).

Set before the research began.

1. E1 Effects of the Tax Cuts and Jobs Act: A preliminary analysis | Brookings Brookings Institution · 9 March 2022

   “most prominently cutting the maximum corporate income tax rate to 21 percent, redesigning international tax rules, and providing a deduction for pass-through income.”

2. E2 Effects of the Tax Cuts and Jobs Act: A preliminary analysis | Brookings Brookings Institution · 9 March 2022

   “Other major changes include expensing of equipment investment; elimination of personal and dependent exemptions, the tax on people who do not obtain adequate health insurance coverage, and the corporate alternative minimum tax; and increases in the standard deduction, the estate tax exemption, and the individual alternative minimum tax exemption.”

3. E3 Effects of the Tax Cuts and Jobs Act: A preliminary analysis | Brookings Brookings Institution · 9 March 2022

   “It phases out many provisions over time, and it leaves US revenues significantly below what is needed to address long-term fiscal shortfalls.”

Legislation was enacted: the Tax Cuts and Jobs Act. It set the maximum corporate rate at 21 percent, not the 15 percent proposed, and it gave pass-through income a deduction rather than a set 15 percent rate (E1). The estate tax and the individual AMT were kept, with their exemptions raised instead of repealed; only the corporate AMT was eliminated (E2). The law also phases out many provisions over time (E3). So the enacted law was scaled back from the anticipated proposals on most major items, which matches the criteria's description of "true".