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White House Press Release - ICYMI: "Average earners' tax bills would fall under House tax package, forecasters say"

May 14, 2025

Under President Donald J. Trump's One Big, Beautiful Bill, everyday Americans will see a significant decrease in the taxes they owe, Politico reports.

"Average-income people would see double-digit percentage declines in their tax bills under House Republicans' tax package, according to a new official analysis that's sure to inflame partisan fights over who would get what under the plan.

Those making between $30,000 and $80,000 would pay around 15 percent less in taxes in 2027, the report by the nonpartisan Joint Committee on Taxation shows."

Click here to read the full article.

Click here to see the official analysis from the Joint Committee on Taxation.

Donald J. Trump (2nd Term), White House Press Release - ICYMI: "Average earners' tax bills would fall under House tax package, forecasters say" Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/377584

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