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Thursday, June 14, 2018

Mapping 2018 Tax Reform

By Tax Foundation @ 4:23 AM :: 6306 Views
 

Mapping 2018 Tax Reform: The Impact of the Tax Cuts and Jobs Act by Congressional District

From The Tax Foundation, June, 2018

The Tax Cuts and Jobs Act (TCJA) reduced taxes for the vast majority of Americans and has the potential to boost wages by encouraging new business investment. However, the impact could vary by household and geography.

To illustrate the potential differences, the Tax Foundation has launched a new interactive map that allows users to see average 2018 tax cuts in their congressional district and across the country. You can learn more about this tool here and also create a custom tax reform scenario using our 2018 Tax Reform Calculator.

Hawaii CD1 Results

  • For CD1 Income Bracket $50K to $75K
  • Avg. Tax Cut -- $1,337
  • Avg. Tax Cut as % of Income -- 2.2%
  • Avg. Income from $50k to $75k -- $61,404

See District by District Map

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