Tax Law Policy Scholarship

Law Office of Kunal Patel, LLC wants to encourage students who have demonstrated an interest in tax policy.

Scholarship Details

Amount: $500

Deadline: Dec 31, 2018

Award Date: January 31, 2019

Award Type: Stipend paid directly to the student to be used for any expenses for education, such as tuition, room, board, and books.

Eligibility and Requirements

To qualify for the scholarship, you must be a college student or graduate student (including law) at an accredited US institution.

In addition, you must have demonstrated an interest in tax policy.

Application Details

The Tax Cuts and Jobs Act (TCJA) passed in 2018  include reducing tax rates for businesses and individuals; a personal tax simplification by increasing the standard deduction and family tax credits, but eliminating personal exemptions and making it less beneficial to itemize deductions; limiting deductions for state and local income taxes (SALT) and property taxes; further limiting the mortgage interest deduction; reducing the alternative minimum tax for individuals and eliminating it for corporations; reducing the number of estates impacted by the estate tax; and repealing the individual mandate of the Affordable Care Act (ACA).

Critics assailed the law, mainly based on forecasts of its adverse impact (e.g., higher budget deficit, higher trade deficit, greater income inequality, lower healthcare coverage and higher healthcare costs), disproportionate impact on certain states and professions and the misrepresentations made by its advocates.

Please submit a short essay (1,000 words) discussing the TCJA’s successes as well as unintended results such as on the national debt and income distribution.

*No phone calls please. Any questions can be submitted through the contact page.

Please submit your essay in .doc format along with the below information to 

  • Name
  • Name of institution
  • Degree
  • Phone #