ICYMI: “Average earners’ tax bills would fall under House tax package, forecasters say”
FOR IMMEDIATE RELEASE
05/14/25
ICYMI: “Average earners’ tax bills would fall under House tax package, forecasters say”
Under President Donald J. Trump’s One Big, Beautiful Bill, everyday Americans will see a significant decrease in the taxes they owe, Politico reports .
“Average-income people would see double-digit percentage declines in their tax bills under House Republicans’ tax package, according to a new official analysis that’s sure to inflame partisan fights over who would get what under the plan.
Those making between $30,000 and $80,000 would pay around 15 percent less in taxes in 2027, the report by the nonpartisan Joint Committee on Taxation shows.”
Click here to read the full article .
Click here to see the official analysis from the Joint Committee on Taxation .
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