Report: Repeal of TCJA Would Lower Income for Average Taxpayers

Report: Repeal of TCJA Would Lower Income for Average Taxpayers

Heritage Foundation

If the Tax Cuts and Jobs Act is repealed and the old tax structure and rates resumed in 2020, the average taxpayer would have $26,906 less over the following decade, according to an October 17 report published by the Heritage Foundation.

If the Tax Cuts and Jobs Act is repealed and the old tax structure and rates resumed in 2020, the average taxpayer would have $26,906 less over the following decade, according to an October 17 report published by the Heritage Foundation.

If the <a href="/lr/resolve/source-document/1xftl" title="Source document">Tax Cuts and Jobs Act</a> is repealed and the old tax structure and rates resumed in 2020, the average taxpayer would have $26,906 less over the following decade, according to an October 17 report published by the Heritage Foundation.

If the Tax Cuts and Jobs Act is repealed and the old tax structure and rates resumed in 2020, the average taxpayer would have $26,906 less over the following decade, according to an October 17 report published by the Heritage Foundation.