<p>TCJA Made U.S. Tax System Less Progressive, ITEP Says</p>

TCJA Made U.S. Tax System Less Progressive, ITEP Says

Institute on Taxation and Economic Policy

The Tax Cuts and Jobs Act lowered the effective federal tax rate for all income groups, but disproportionately for high-income taxpayers, resulting in a less progressive tax system overall, the Institute on Taxation and Economic Policy said in an April report.

<p>The Tax Cuts and Jobs Act lowered the effective federal tax rate for all income groups, but disproportionately for high-income taxpayers, resulting in a less progressive tax system overall, the Institute on Taxation and Economic Policy said in an April report.</p>