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Trump Tax Cut: Over 100M Saw Decrease in Tax Burden; Some in High Tax States Saw Increase

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Skip Estes Jonathan Williams

By Skip Estes and Jonathan Williams | cnsnews

President Donald J. Trump (right) (Photo by Chip Somodevilla/Getty Images) and Tax Cuts and Jobs Act sign (left) Photo by Chip Somodevilla/Getty Images)

It should come as no surprise most Americans saw a lower federal tax burden following the Tax Cuts and Jobs Act (TCJA). Tax Foundation data reveals 80 percent of filers saw a substantially lower federal tax liability following federal tax reform – and only 5 percent of filers saw a significantly higher tax liability. The TCJA tax relief benefited the vast majority of filers by doubling the standard deduction, doubling the child tax credit, and decreasing personal income tax rates for nearly every tax bracket.

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