Nov 14, 2017

Senate tax bill creates winners and losers in each income group

Most taxpayers will either pay less or see little change under the Senate tax bill, but millions will pay more — some substantially more, according to an analysis of Joint Committee on Taxation data by the left-leaning Center on Budget and Policy Priorities.

Data: Center on Budget and Policy Priorities; Chart: Chris Canipe / Axios
Data: Center on Budget and Policy Priorities; Chart: Chris Canipe / Axios

Why this matters: Every tax bill creates winners and losers. While there are more winners under the Senate plan, each member will have to decide whether to vote for it knowing that some people will be made worse off.

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