The GOP Tax Bill’s Estimated Effects In 2027

In 2027, the Republican tax overhaul would raise taxes on 53 percent of households. Still, as in 2018, both by percentages and total dollars, the benefits would be far greater for higher-income households. Households making $1 million or more per year would get an average tax cut of $23,190, a 0.9 percent boost in after-tax income.