First, it lets every American keep more of what they earn.Kevin McCarthy, Member of the U.S. House of Representatives from California's 23rd district
Interview on Face the Nation on
- Every American Would Receive a Tax Cut Under the GOP Plan
Most would, though about 8% would see an increase of more than $100 immediately. Furthermore, lower-income taxpayers would see their cuts turn to increases within a few years.
Individual taxpayers’ situations will be affected differently by provisions in the bill, and for 2018 alone, the committee found that 8 percent of taxpayers would pay more in taxes. That translates to millions of Americans.