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These are the states where taxpayers will see the biggest benefits from the new tax code, according to an analysis by the Tax Policy Center. High-income households do best, particularly those in the 95th to 99th income percentile, and the average tax cut across all states will be 1.8% of after-tax income.

Expand chart
Data: Tax Policy Center; Cartogram: Andrew Witherspoon/Axios

Why this matters: Tax cuts, and how they impact voters' personal finances, are Republicans' biggest argument as to why voters should keep them in office. While most people are receiving a cut in 2018, the degree varies.

Yes, but: The states in which the highest number of people will receive tax increases include California, New York and New Jersey, where House Republicans are defending seats key to keeping their majority.

The biggest losers:

  • California
  • Maryland
  • Washington, D.C.
  • Connecticut
  • New Jersey
  • New York

Go deeper

Ina Fried, author of Login
51 mins ago - Technology

Google's parent shuts down effort to deliver internet via balloons

Image: Loon

Alphabet is shutting down Loon, one of its "moonshots," which aimed to deliver internet service via high-altitude balloons.

Why it matters: The effort was one of several approaches designed to get high-speed connectivity to some of the world's most remote spots and proved useful in the aftermath of disasters that shut down traditional infrastructure.

Dave Lawler, author of World
1 hour ago - World

What has and hasn't changed as Biden takes over U.S. foreign policy

Photo Illustration: Brendan Lynch/Axios. Photo: Chip Somodevilla/Getty Images

President Biden swiftly recommitted the U.S. to the Paris climate pact and the World Health Organization, but America's broader foreign policy is in a state of flux between the Trump and Biden eras.

Driving the news: One of the most striking moves from the Biden administration thus far was a show of continuity — concurring with the Trump administration's last-minute determination that China had committed "genocide" against Uyghur Muslims.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Health: New coronavirus cases down, but more bad news ahead — Fighting COVID-19's effects on gender equality.
  2. Politics: Biden unveils "wartime" COVID strategyBiden's COVID-19 bubble.
  3. Vaccine: NYC postpones vaccine appointments following shipment delays — Private companies step in to fill vaccine logistics vacuum.
  4. World: Biden will order U.S. to rejoin World Health OrganizationBiden to bring U.S. into global COVAX initiative for equitable vaccine access.

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