Tax reform is the gift that keeps on giving!
Millions of hard-working Americans have already seen pay bonuses, wage increases and lower utility rates. States across the country, from California to Wisconsin, are seeing record-low unemployment rates.
That’s not all! The Tax Cuts and Jobs Act, otherwise known as the American Pay Raise, continues to benefit everyday American families.
A new report from the Heritage Foundation shows the average household in every state and every congressional district will experience tax reform benefits in 2018 and over the next decade.
The study notes that the average household will save $1,400 and married couples with two children will save $2,918 in 2018 alone.
Dispelling a popular myth that tax reform will only “help the rich,” the Americans in low-income communities will see the largest percentage reduction in total income tax bills.
Thanks to tax reform, Americans are experiencing real relief in the form of massive economic growth, higher wages and more jobs.
As time wears on, the American people will continue to experience the benefits of the American Pay Raise. But there’s more work ahead!
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