# House passes Tax Cuts and Jobs Act under Speaker Ryan

Date: 2017

On 19 December 2017 the House under Speaker [Paul Ryan](/people/paul-ryan) passed the final Tax Cuts and Jobs Act, which cut the corporate tax rate from 35% to 21%; [President Trump](/people/mig-donald-trump) signed it on 22 December 2017.

## People

- Paul Ryan: https://factrail.ai/people/paul-ryan

## Sources

- https://theintercept.com/2017/12/01/gops-list-of-economists-backing-tax-cut-includes-ghosts-office-assistants-ex-felons-and-a-sprinkling-of-real-economists/

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/house-passes-tax-cuts-and-jobs-act-2017-12-19