American Action Network

How does the Tax Cuts and Jobs Act affect you?

How much will you save thanks to the Tax Cuts and Jobs Act?

Don’t know your Congressional District? Click here to find out.

StateDistrictMedian Income 4 Person HouseholdTax Cut, Assume Married 2 KidsMedian Household IncomeTax Cut, Assume Single No Kids
Alabama1$77,273-$2,187$47,083-$969
Alabama2$69,912-$1,966$42,035-$818
Alabama3$70,248-$1,976$46,544-$953
Alabama4$65,732-$1,840$41,110-$790
Alabama5$78,289-$2,217$51,690-$1,242
Alabama6$94,403-$2,701$61,413-$1,534
Alabama7$65,839-$1,844$34,664-$597
AlaskaAt-Large$102,937-$2,803$76,440-$1,985
Arizona1$64,475-$1,803$50,537-$1,192
Arizona2$75,993-$2,148$49,072-$1,029
Arizona3$54,324-$1,498$44,224-$883
Arizona4$70,695-$1,989$49,466-$1,052
Arizona5$105,341-$2,635$71,693-$1,843
Arizona6$101,878-$2,877$67,830-$1,727
Arizona7$45,993-$1,381$40,991-$786
Arizona8$92,081-$2,631$61,754-$1,544
Arizona9$76,500-$2,164$55,349-$1,352
Arkansas1$61,758-$1,721$40,492-$772
Arkansas2$81,397-$2,310$49,498-$1,056
Arkansas3$70,202-$1,975$47,903-$994
Arkansas4$57,442-$1,592$39,586-$744
California1$73,979-$2,088$47,488-$981
California2$118,016-$3,299$66,604-$1,690
California3$79,876-$2,265$61,508-$1,537
California4$116,572-$3,156$74,074-$1,914
California5$101,250-$2,906$73,006-$1,882
California6$60,635-$1,688$51,932-$1,250
California7$94,112-$2,692$68,735-$1,754
California8$66,839-$1,874$49,194-$1,033
California9$85,855-$2,444$61,454-$1,535
California10$76,289-$2,157$60,235-$1,499
California11$110,317-$2,668$86,000-$2,272
California12$163,475-$6,213$105,918-$2,688
California13$107,336-$2,529$73,601-$1,900
California14$155,426-$5,971$103,850-$2,620
California15$137,758-$4,841$106,291-$2,703
California16$45,328-$1,394$40,207-$763
California17$153,467-$5,913$121,150-$3,297
California18$204,020-$7,677$125,790-$3,483
California19$121,134-$3,543$93,139-$2,486
California20$81,100-$2,302$67,419-$1,714
California21$44,361-$1,414$41,174-$792
California22$76,658-$2,168$56,524-$1,387
California23$69,380-$1,950$54,437-$1,325
California24$84,232-$2,395$68,929-$1,760
California25$102,484-$2,835$75,367-$1,953
California26$103,692-$2,750$76,914-$1,999
California27$97,127-$2,782$71,223-$1,828
California28$95,172-$2,724$63,940-$1,610
California29$61,304-$1,708$50,655-$1,207
California30$106,130-$2,579$76,778-$1,995
California31$72,456-$2,042$58,668-$1,452
California32$85,769-$2,442$67,101-$1,705
California33$164,378-$6,240$101,956-$2,601
California34$50,881-$1,395$40,847-$782
California35$67,086-$1,881$57,159-$1,407
California36$58,498-$1,623$44,567-$894
California37$79,854-$2,264$55,190-$1,347
California38$84,491-$2,403$66,421-$1,684
California39$111,472-$2,753$85,188-$2,247
California40$49,225-$1,345$42,902-$844
California41$67,441-$1,892$62,069-$1,554
California42$90,348-$2,579$76,504-$1,987
California43$68,646-$1,928$54,614-$1,330
California44$65,548-$1,835$50,890-$1,218
California45$142,355-$5,229$97,356-$2,555
California46$62,352-$1,739$61,304-$1,531
California47$90,631-$2,587$65,450-$1,655
California48$119,609-$3,397$88,903-$2,359
California49$121,737-$3,561$80,877-$2,118
California50$88,067-$2,511$71,692-$1,843
California51$59,068-$1,641$46,639-$956
California52$125,431-$3,871$90,854-$2,417
California53$85,049-$2,420$69,314-$1,771
Colorado1$103,965-$2,731$62,718-$1,573
Colorado2$110,013-$2,659$75,659-$1,962
Colorado3$70,355-$1,979$50,817-$1,216
Colorado4$94,647-$2,708$67,878-$1,728
Colorado5$87,846-$2,504$62,372-$1,563
Colorado6$101,521-$2,902$76,451-$1,985
Colorado7$90,305-$2,578$66,063-$1,674
Connecticut1$116,878-$3,165$70,215-$1,798
Connecticut2$111,139-$2,743$74,784-$1,935
Connecticut3$100,189-$2,874$67,774-$1,725
Connecticut4$136,409-$4,751$94,862-$2,530
Connecticut5$111,193-$2,744$68,904-$1,759
DelawareAt-Large$91,775-$2,622$61,757-$1,544
District of ColumbiaAt-Large$112,342-$2,829$75,506-$1,957
Florida1$72,263-$2,036$53,006-$1,282
Florida2$69,168-$1,944$46,062-$939
Florida3$66,923-$1,876$45,970-$936
Florida4$98,636-$2,828$68,229-$1,739
Florida5$62,170-$1,734$40,932-$785
Florida6$70,016-$1,969$46,882-$963
Florida7$85,685-$2,439$57,146-$1,406
Florida8$77,359-$2,189$50,752-$1,214
Florida9$62,919-$1,756$49,899-$1,109
Florida10$68,480-$1,923$50,151-$1,141
Florida11$60,324-$1,678$43,610-$865
Florida12$87,883-$2,505$49,774-$1,092
Florida13$73,590-$2,076$48,519-$1,012
Florida14$81,998-$2,328$51,410-$1,234
Florida15$71,766-$2,021$53,784-$1,305
Florida16$84,099-$2,391$55,447-$1,355
Florida17$64,381-$1,800$45,508-$922
Florida18$79,302-$2,248$54,913-$1,339
Florida19$68,325-$1,918$54,812-$1,336
Florida20$60,354-$1,679$43,677-$867
Florida21$78,243-$2,216$55,864-$1,368
Florida22$85,074-$2,421$60,159-$1,497
Florida23$95,875-$2,745$61,513-$1,537
Florida24$51,739-$1,421$38,441-$710
Florida25$59,794-$1,662$46,247-$944
Florida26$67,860-$1,904$54,453-$1,325
Florida27$76,562-$2,165$51,958-$1,250
Georgia1$75,705-$2,140$50,931-$1,220
Georgia2$51,367-$1,410$35,617-$625
Georgia3$76,801-$2,173$56,240-$1,379
Georgia4$66,419-$1,861$51,686-$1,242
Georgia5$71,606-$2,017$48,269-$1,005
Georgia6$132,066-$4,420$87,139-$2,306
Georgia7$95,822-$2,743$72,481-$1,866
Georgia8$66,189-$1,854$44,360-$888
Georgia9$73,706-$2,080$50,154-$1,142
Georgia10$73,911-$2,086$51,532-$1,238
Georgia11$101,179-$2,904$69,610-$1,780
Georgia12$60,658-$1,688$43,933-$875
Georgia13$80,606-$2,287$57,342-$1,412
Georgia14$67,994-$1,908$48,691-$1,017
Hawaii1$109,596-$2,596$78,180-$2,037
Hawaii2$98,287-$2,817$70,867-$1,818
Idaho1$74,435-$2,102$52,199-$1,258
Idaho2$69,507-$1,954$51,294-$1,231
Illinois1$88,584-$2,526$50,523-$1,190
Illinois2$73,935-$2,087$48,417-$1,009
Illinois3$91,248-$2,606$66,270-$1,680
Illinois4$67,380-$1,890$51,383-$1,233
Illinois5$130,149-$4,263$80,269-$2,100
Illinois6$135,485-$4,673$97,387-$2,556
Illinois7$73,689-$2,079$54,147-$1,316
Illinois8$84,913-$2,416$67,745-$1,724
Illinois9$112,703-$2,840$67,084-$1,704
Illinois10$111,098-$2,741$74,971-$1,941
Illinois11$102,795-$2,813$72,198-$1,858
Illinois12$78,773-$2,232$47,430-$980
Illinois13$78,509-$2,224$49,758-$1,090
Illinois14$125,659-$3,878$90,345-$2,402
Illinois15$82,515-$2,344$49,927-$1,112
Illinois16$78,964-$2,237$57,182-$1,407
Illinois17$64,848-$1,814$45,360-$918
Illinois18$90,820-$2,593$60,857-$1,517
Indiana1$80,656-$2,288$56,370-$1,383
Indiana2$70,365-$1,979$51,292-$1,231
Indiana3$70,557-$1,985$51,453-$1,235
Indiana4$85,183-$2,424$53,996-$1,312
Indiana5$105,976-$2,590$67,461-$1,716
Indiana6$72,177-$2,034$51,033-$1,223
Indiana7$61,932-$1,726$41,429-$800
Indiana8$72,993-$2,058$50,261-$1,156
Indiana9$81,625-$2,317$55,078-$1,344
Iowa1$89,858-$2,564$57,402-$1,414
Iowa2$84,100-$2,392$52,150-$1,256
Iowa3$101,135-$2,903$62,323-$1,561
Iowa4$73,956-$2,087$53,335-$1,292
Kansas1$71,459-$2,012$48,156-$1,001
Kansas2$80,345-$2,279$51,778-$1,245
Kansas3$104,013-$2,728$71,562-$1,839
Kansas4$75,839-$2,144$52,054-$1,253
Kentucky1$61,296-$1,707$40,253-$764
Kentucky2$79,649-$2,258$49,960-$1,117
Kentucky3$82,350-$2,339$51,070-$1,224
Kentucky4$97,050-$2,780$60,912-$1,519
Kentucky5$51,270-$1,407$30,585-$474
Kentucky6$72,784-$2,052$50,659-$1,207
Louisiana1$86,956-$2,477$56,938-$1,400
Louisiana2$62,380-$1,740$36,798-$661
Louisiana3$69,083-$1,941$44,668-$897
Louisiana4$61,349-$1,709$39,748-$749
Louisiana5$62,039-$1,730$36,718-$658
Louisiana6$99,043-$2,840$59,270-$1,470
Maine1$103,602-$2,756$61,173-$1,527
Maine2$74,866-$2,114$46,638-$956
Maryland1$107,365-$2,529$69,254-$1,769
Maryland2$94,718-$2,710$69,128-$1,766
Maryland3$121,101-$3,542$83,620-$2,200
Maryland4$110,548-$2,675$79,350-$2,072
Maryland5$122,734-$3,641$95,442-$2,536
Maryland6$110,611-$2,677$75,774-$1,965
Maryland7$100,778-$2,892$61,392-$1,534
Maryland8$141,512-$5,154$98,991-$2,572
Massachusetts1$87,326-$2,488$55,716-$1,363
Massachusetts2$104,977-$2,660$64,868-$1,638
Massachusetts3$124,906-$3,806$77,995-$2,032
Massachusetts4$151,074-$5,841$98,530-$2,567
Massachusetts5$143,424-$5,311$92,268-$2,460
Massachusetts6$140,877-$5,085$84,913-$2,239
Massachusetts7$86,255-$2,456$60,873-$1,518
Massachusetts8$121,252-$3,546$82,333-$2,162
Massachusetts9$106,474-$2,555$68,173-$1,737
Michigan1$73,688-$2,079$46,927-$965
Michigan2$79,260-$2,246$52,919-$1,279
Michigan3$86,372-$2,460$57,926-$1,430
Michigan4$74,500-$2,104$48,434-$1,010
Michigan5$62,785-$1,752$42,800-$841
Michigan6$76,661-$2,168$51,477-$1,236
Michigan7$92,388-$2,640$56,427-$1,385
Michigan8$106,565-$2,549$66,495-$1,687
Michigan9$79,188-$2,244$56,582-$1,389
Michigan10$96,434-$2,762$60,934-$1,520
Michigan11$128,409-$4,111$79,805-$2,086
Michigan12$87,826-$2,503$55,506-$1,357
Michigan13$56,702-$1,570$33,995-$577
Michigan14$62,996-$1,758$42,695-$838
Minnesota1$97,919-$2,806$60,424-$1,504
Minnesota2$116,517-$3,154$80,128-$2,096
Minnesota3$140,751-$5,081$84,689-$2,232
Minnesota4$104,251-$2,711$66,175-$1,677
Minnesota5$93,668-$2,679$59,115-$1,465
Minnesota6$104,385-$2,702$77,049-$2,003
Minnesota7$83,991-$2,388$52,620-$1,270
Minnesota8$88,000-$2,509$53,676-$1,302
Mississippi1$70,316-$1,978$43,194-$853
Mississippi2$51,251-$1,406$34,392-$589
Mississippi3$73,534-$2,075$45,115-$910
Mississippi4$62,922-$1,756$45,192-$913
Missouri1$62,733-$1,750$45,172-$912
Missouri2$123,943-$3,727$79,724-$2,083
Missouri3$89,544-$2,555$61,929-$1,550
Missouri4$75,119-$2,122$48,065-$999
Missouri5$65,607-$1,837$48,693-$1,018
Missouri6$85,077-$2,421$58,532-$1,448
Missouri7$58,121-$1,612$44,619-$895
Missouri8$66,054-$1,850$40,639-$776
MontanaAt-Large$80,420-$2,281$50,027-$1,125
Nebraska1$77,970-$2,208$58,537-$1,448
Nebraska2$105,873-$2,597$62,621-$1,570
Nebraska3$72,555-$2,045$50,985-$1,221
Nevada1$50,820-$1,393$38,000-$697
Nevada2$87,734-$2,501$58,214-$1,438
Nevada3$90,419-$2,581$68,396-$1,744
Nevada4$78,682-$2,229$55,712-$1,363
New Hampshire1$115,504-$3,074$71,277-$1,830
New Hampshire2$111,102-$2,742$70,524-$1,807
New Jersey1$110,620-$2,677$68,208-$1,738
New Jersey2$96,848-$2,774$60,756-$1,514
New Jersey3$121,111-$3,542$74,537-$1,928
New Jersey4$127,308-$4,028$78,511-$2,047
New Jersey5$149,311-$5,788$100,219-$2,584
New Jersey6$114,273-$2,987$79,229-$2,069
New Jersey7$151,539-$5,855$106,896-$2,727
New Jersey8$68,713-$1,930$57,391-$1,413
New Jersey9$90,272-$2,577$64,964-$1,641
New Jersey10$76,739-$2,171$50,100-$1,135
New Jersey11$157,716-$6,040$108,260-$2,782
New Jersey12$137,045-$4,820$85,744-$2,264
New Mexico1$67,797-$1,902$49,570-$1,066
New Mexico2$61,755-$1,721$41,797-$811
New Mexico3$61,392-$1,710$49,210-$1,033
New York1$125,255-$3,866$90,435-$2,405
New York2$128,581-$4,116$93,362-$2,493
New York3$160,639-$6,128$111,504-$2,911
New York4$145,320-$5,468$100,178-$2,584
New York5$91,810-$2,623$66,529-$1,688
New York6$89,435-$2,552$61,956-$1,550
New York7$65,704-$1,840$55,207-$1,348
New York8$83,294-$2,367$51,634-$1,241
New York9$77,444-$2,192$54,895-$1,339
New York10$122,811-$3,643$85,756-$2,264
New York11$110,410-$2,671$71,072-$1,824
New York12$212,585-$8,019$100,281-$2,585
New York13$56,739-$1,571$41,103-$790
New York14$63,847-$1,784$53,512-$1,297
New York15$39,700-$1,440$29,234-$434
New York16$105,804-$2,602$69,086-$1,764
New York17$145,752-$5,481$94,451-$2,525
New York18$126,061-$3,940$80,493-$2,107
New York19$95,665-$2,738$59,619-$1,480
New York20$104,732-$2,677$64,226-$1,619
New York21$76,651-$2,168$52,350-$1,262
New York22$85,692-$2,439$52,967-$1,281
New York23$70,914-$1,996$48,730-$1,019
New York24$87,380-$2,490$56,388-$1,383
New York25$94,022-$2,689$53,723-$1,303
New York26$74,216-$2,095$47,358-$977
New York27$100,443-$2,882$62,698-$1,573
North Carolina1$63,080-$1,761$40,895-$784
North Carolina2$97,432-$2,791$65,792-$1,666
North Carolina3$66,468-$1,863$47,565-$984
North Carolina4$106,273-$2,569$70,587-$1,809
North Carolina5$65,820-$1,843$45,001-$907
North Carolina6$69,318-$1,948$47,335-$977
North Carolina7$68,547-$1,925$45,002-$907
North Carolina8$73,419-$2,071$50,570-$1,196
North Carolina9$85,838-$2,444$55,913-$1,369
North Carolina10$64,489-$1,803$46,508-$952
North Carolina11$63,392-$1,770$43,855-$872
North Carolina12$71,089-$2,001$59,268-$1,470
North Carolina13$68,966-$1,937$47,440-$980
North DakotaAt-Large$94,126-$2,692$60,656-$1,511
Ohio1$87,586-$2,496$55,712-$1,363
Ohio2$86,704-$2,470$55,472-$1,356
Ohio3$60,087-$1,671$45,860-$933
Ohio4$78,284-$2,217$52,632-$1,271
Ohio5$84,886-$2,415$57,171-$1,407
Ohio6$70,158-$1,973$46,839-$962
Ohio7$80,688-$2,289$53,374-$1,293
Ohio8$82,050-$2,330$58,213-$1,438
Ohio9$64,934-$1,817$41,417-$799
Ohio10$79,626-$2,257$49,988-$1,120
Ohio11$59,827-$1,663$35,735-$629
Ohio12$108,191-$2,554$67,415-$1,714
Ohio13$70,938-$1,997$42,430-$830
Ohio14$104,126-$2,720$63,362-$1,593
Ohio15$91,341-$2,609$61,514-$1,537
Ohio16$96,701-$2,770$64,197-$1,618
Oklahoma1$73,674-$2,079$52,319-$1,261
Oklahoma2$59,155-$1,643$40,770-$780
Oklahoma3$70,263-$1,976$47,724-$988
Oklahoma4$73,624-$2,077$55,183-$1,347
Oklahoma5$69,735-$1,961$49,616-$1,072
Oregon1$104,138-$2,719$72,097-$1,855
Oregon2$70,522-$1,984$49,837-$1,101
Oregon3$97,360-$2,789$63,231-$1,589
Oregon4$68,547-$1,925$46,749-$959
Oregon5$88,344-$2,519$60,395-$1,504
Pennsylvania1$56,016-$1,549$45,025-$908
Pennsylvania2$66,522-$1,864$41,320-$796
Pennsylvania3$85,268-$2,427$51,289-$1,230
Pennsylvania4$88,695-$2,529$61,333-$1,532
Pennsylvania5$75,968-$2,148$48,410-$1,009
Pennsylvania6$119,769-$3,402$82,139-$2,156
Pennsylvania7$136,482-$4,753$85,881-$2,268
Pennsylvania8$121,904-$3,566$80,199-$2,098
Pennsylvania9$74,578-$2,106$47,697-$988
Pennsylvania10$81,875-$2,325$52,199-$1,258
Pennsylvania11$90,640-$2,588$53,833-$1,307
Pennsylvania12$100,585-$2,886$60,387-$1,503
Pennsylvania13$83,515-$2,374$60,105-$1,495
Pennsylvania14$80,615-$2,287$44,939-$905
Pennsylvania15$89,020-$2,539$62,755-$1,574
Pennsylvania16$80,007-$2,269$57,144-$1,406
Pennsylvania17$73,846-$2,084$51,635-$1,241
Pennsylvania18$100,920-$2,896$63,825-$1,607
Rhode Island1$90,421-$2,581$56,547-$1,388
Rhode Island2$106,826-$2,531$63,976-$1,611
South Carolina1$95,681-$2,739$64,973-$1,641
South Carolina2$81,405-$2,311$57,253-$1,409
South Carolina3$65,631-$1,837$45,042-$908
South Carolina4$81,679-$2,319$51,718-$1,243
South Carolina5$74,411-$2,101$48,743-$1,019
South Carolina6$54,309-$1,498$35,296-$616
South Carolina7$63,954-$1,787$43,146-$851
South DakotaAt-Large$85,427-$2,431$54,467-$1,326
Tennessee1$58,367-$1,620$41,006-$787
Tennessee2$81,140-$2,303$50,701-$1,213
Tennessee3$69,344-$1,949$43,938-$875
Tennessee4$72,973-$2,058$50,598-$1,199
Tennessee5$72,671-$2,049$54,470-$1,326
Tennessee6$79,298-$2,247$50,731-$1,214
Tennessee7$81,980-$2,328$53,276-$1,290
Tennessee8$80,561-$2,285$54,145-$1,316
Tennessee9$50,070-$1,371$39,761-$750
Texas1$61,085-$1,701$45,313-$916
Texas2$97,321-$2,788$72,711-$1,873
Texas3$121,881-$3,565$88,619-$2,350
Texas4$84,783-$2,412$52,481-$1,266
Texas5$66,929-$1,876$50,536-$1,191
Texas6$80,577-$2,286$65,758-$1,664
Texas7$103,112-$2,791$71,183-$1,827
Texas8$92,113-$2,632$64,861-$1,638
Texas9$53,729-$1,480$46,048-$938
Texas10$118,493-$3,313$73,476-$1,896
Texas11$72,198-$2,034$50,602-$1,200
Texas12$82,263-$2,336$62,214-$1,558
Texas13$68,872-$1,935$50,150-$1,141
Texas14$92,125-$2,632$58,103-$1,435
Texas15$52,260-$1,436$41,947-$815
Texas16$54,011-$1,489$44,045-$878
Texas17$67,202-$1,885$50,888-$1,218
Texas18$47,298-$1,355$42,662-$837
Texas19$67,002-$1,879$47,875-$993
Texas20$65,640-$1,838$49,421-$1,046
Texas21$96,501-$2,764$68,987-$1,761
Texas22$116,661-$3,158$87,901-$2,329
Texas23$72,482-$2,043$51,293-$1,231
Texas24$110,578-$2,676$70,454-$1,805
Texas25$95,933-$2,746$69,083-$1,764
Texas26$119,946-$3,407$87,272-$2,310
Texas27$71,689-$2,019$53,047-$1,283
Texas28$52,357-$1,439$44,021-$877
Texas29$48,306-$1,335$41,737-$809
Texas30$51,056-$1,400$44,689-$897
Texas31$99,609-$2,857$69,228-$1,769
Texas32$90,428-$2,581$70,119-$1,795
Texas33$45,490-$1,391$38,445-$710
Texas34$50,812-$1,393$37,989-$696
Texas35$59,858-$1,664$48,490-$1,011
Texas36$75,485-$2,133$58,984-$1,461
Utah1$79,352-$2,249$65,896-$1,669
Utah2$70,328-$1,978$60,700-$1,513
Utah3$92,247-$2,636$70,763-$1,815
Utah4$83,106-$2,362$68,711-$1,753
VermontAt-Large$89,824-$2,563$57,677-$1,422
Virginia1$109,771-$2,602$81,338-$2,132
Virginia2$91,686-$2,619$66,953-$1,700
Virginia3$67,468-$1,893$51,794-$1,246
Virginia4$76,619-$2,167$54,607-$1,330
Virginia5$80,747-$2,291$52,237-$1,259
Virginia6$74,669-$2,109$50,061-$1,130
Virginia7$103,853-$2,739$73,580-$1,899
Virginia8$120,361-$3,469$100,719-$2,589
Virginia9$63,139-$1,763$41,698-$808
Virginia10$161,668-$6,159$120,384-$3,267
Virginia11$139,314-$4,988$106,554-$2,713
Washington1$139,472-$4,993$91,018-$2,422
Washington2$91,530-$2,614$65,187-$1,647
Washington3$83,874-$2,385$61,304-$1,531
Washington4$72,478-$2,043$52,484-$1,266
Washington5$78,243-$2,216$51,697-$1,243
Washington6$88,116-$2,512$60,616-$1,510
Washington7$155,583-$5,976$84,579-$2,229
Washington8$112,087-$2,821$79,516-$2,077
Washington9$101,544-$2,900$75,407-$1,954
Washington10$86,959-$2,477$62,206-$1,558
West Virginia1$72,877-$2,055$45,611-$925
West Virginia2$77,324-$2,188$48,358-$1,007
West Virginia3$59,588-$1,656$37,728-$689
Wisconsin1$91,701-$2,620$61,589-$1,539
Wisconsin2$100,928-$2,896$65,589-$1,659
Wisconsin3$88,812-$2,533$52,154-$1,256
Wisconsin4$64,122-$1,792$41,816-$811
Wisconsin5$108,518-$2,564$68,162-$1,737
Wisconsin6$95,201-$2,725$57,129-$1,406
Wisconsin7$84,065-$2,390$51,738-$1,244
Wisconsin8$92,326-$2,638$57,888-$1,428
WyomingAt-Large$88,936-$2,537$59,882-$1,488

Source: House Committee on Ways and Means, December 2017

New Tax Benefits for Individuals

  • Lowers individual taxes and sets the rates at 0%, 10%, 12%, 22%, 24%, 32%, 35%, and 37% so people can keep more of their hard-earned money.
  • Significantly increases the standard deduction to protect roughly double the amount of what you earn each year from taxes – from $6,500 and $13,000 under current law to $12,000 and $24,000 for individuals and married couples, respectively.
  • Continues to allow people to write off the cost of state and local taxes – up to $10,000. Gives individuals and families the ability to deduct property taxes and income – or sales – taxes to best fit their unique circumstances.
  • Takes action to support more American families by:
    • Expanding the Child Tax Credit from $1,000 to $2,000 for single filers and married couples to help parents with the cost of raising children. The tax credit is fully refundable up to $1,400 and begins to phase-out for families making over $400,000. Parents must provide a child’s valid Social Security Number in order to receive this credit.
    • Preserving the Child and Dependent Care Tax Credit to help families care for their children and older dependents such as a disabled grandparent who may need additional support.
    • Preserving the Adoption Tax Credit so parents can continue to receive additional tax relief as they open their hearts and homes to an adopted child.
  • Preserves the mortgage interest deduction – providing tax relief to current and aspiring homeowners.
    • For all homeowners with existing mortgages that were taken out to buy a home, there will be no change to the current mortgage interest deduction.
    • For homeowners with new mortgages on a first or second home, the home mortgage interest deduction will be available up to $750,000.
  • Provides relief for Americans with expensive medical bills by expanding the medical expense deduction for 2017 and 2018 for medical expenses exceeding 7.5 percent of adjusted gross income, and rising to 10 percent beginning in 2019.
  • Continues and expands the deduction for charitable contributions so people can continue to donate to their local church, charity, or community organization.
  • Eliminates Obamacare’s individual mandate penalty tax – providing families with much-needed relief and flexibility to buy the health care that’s right for them if they choose.
  • Maintains the Earned Income Tax Credit to provide important tax relief for low-income Americans working to build better lives for themselves.
  • Improves savings vehicles for education by allowing families to use 529 accounts to save for elementary, secondary and higher education.
  • Provides support for graduate students by continuing to exempt the value of reduced tuition from taxes.
  • Retains popular retirement savings options such as 401(k)s and Individual Retirement Accounts (IRAs) so Americans can continue to save for their future.
  • Increases the exemption amount from the Alternative Minimum Tax (AMT) to reduce the complexity and tax burden for millions of Americans.
  • Provides immediate relief from the Death Tax by doubling the amount of the current exemption to reduce uncertainty and costs for many family-owned farms and businesses when they pass down their life’s work to the next generation.

New Tax Benefits for Job Creators

  • Lowers the corporate tax rate to 21% (beginning Jan. 1, 2018) – down from 35%, which today is the highest in the industrialized world – the largest reduction in the U.S. corporate tax rate in our nation’s history.
  • Delivers significant tax relief to Main Street job creators by:
    • Offering a first-ever 20% tax deduction that applies to the first $315,000 of joint income earned by all businesses organized as S corporations, partnerships, LLCs, and sole proprietorships. For Main Street job creators with income above this level, the bill generally provides a deduction for up to 20% on business profits – reducing their effective marginal tax rate to no more than 29.6%.
    • Establishing strong safeguards so that wage income does not receive the lower marginal effective tax rates on business income – helping to ensure that Main Street tax relief goes to the local job creators it was designed to help most.
  • Allows businesses to immediately write off the full cost of new equipment to improve operations and enhance the skills of their workers – unleashing growth of jobs, productivity, and paychecks.
  • Protects the ability of small businesses to write off interest on loans, helping these Main Street entrepreneurs start or expand a business, hire workers, and increase paychecks.
  • Preserves important elements of the existing business tax system, including:
    • Retaining the low-income housing tax credit that encourages businesses to invest in affordable housing so families, individuals, and seniors can find a safe and comfortable place to call home.
    • Preserving the Research & Development Tax Credit that encourages our businesses and workers to develop cutting-edge “Made in America” products and services.
    • Retaining the tax-preferred status of private-activity bonds that are used to finance valuable infrastructure projects.
  • Eliminates the Corporate Alternative Minimum Tax, thereby lowering taxes and eliminating confusion and uncertainty so American job creators can focus on growing their business and hiring more workers, rather than on burdensome paperwork.
  • Modernizes our international tax system so America’s global businesses will no longer be held back by an outdated “worldwide” tax system that results in double taxation for many of our nation’s job creators.
  • Makes it easier for American businesses to bring home foreign earnings to invest in growing jobs and paychecks in our local communities.
  • Prevents American jobs, headquarters, and research from moving overseas by eliminating incentives that now reward companies for shifting jobs, profits, and manufacturing plants abroad.