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Data: Tax Policy Center; Chart: Chris Canipe / Axios

Under the GOP House tax plan, 7% of Americans would see a tax hike next year and 25% would pay more by 2027, according to the latest analysis by the Tax Policy Center. The nonpartisan group retracted its initial projections that 12% and 28% of Americans would receive tax hikes in 2018 and 2027 respectively due to an error.

Why it matters: Fewer Americans will see a tax hike than the original analysis forecasted, but there will still be some middle-class Americans, and some one-percenters, who could end up paying higher taxes under the new plan. Every income level would, on average, receive a cut. The average cut would be $1,200, with most high earners receiving significantly more.

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The crushing budget blow awaiting state and local government workers

Illustration: Eniola Odetunde/Axios

State and local government jobs are being gutted, even as the labor market shows signs of a slight recovery.

Why it matters: The coronavirus pandemic blew a hole in state and local government budgets. A slew of states cut spending and jobs — with more planned layoffs announced this week as states try to balance budgets.

As boycott grows, Facebook juggles rights groups and advertisers

Illustration: Aïda Amer/Axios

As an advertiser boycott of Facebook over its tolerance of hate speech continues to snowball, the company has begun making small, incremental changes to mollify activists while it tries to buy time to evolve its content policies.

Driving the news: Sources tell Axios that the product and policy changes sought by the #StopHateForProfit campaign were long under discussion both inside Facebook and with some external groups. Meanwhile, CEO Mark Zuckerberg has reportedly told employees that the boycotting advertisers will be back before long.

Replacing the nursing home

Illustration: Sarah Grillo/Axios

Nursing homes have been the epicenter of the coronavirus outbreak, prompting more urgent discussions about alternative housing situations for elderly Americans.

Why it matters: Deaths in nursing homes and residential care facilities account for 45% of COVID-19 related deaths, per the Foundation for Research on Equal Opportunity — but there are few other viable housing options for seniors.