How will taxes change

This chart shows how the current version of the new tax laws will impact Americans at different income levels. The colors represent the average change one can expect as a percentage of 2018 pre-tax income according to the Institute on Taxation and Economic Policy. The darker the color the greater the cuts as a share of income.

How the Tax Cuts and Jobs Act of 2017 will impact Americans

  • -0.5%   to  -1.2
  • -1.3  to  -1.6
  • -1.7  to  -2.0
  • -2.1  to  -3.3
  • -3.4  to  -5.3

SOURCES: This analysis uses ITEP’s microsimulation model, which generates tax estimates for a sample of representative taxpayer records. Full data and methodology can be found here — Francois Duckett, Nicky Forster