Who wins and who loses from the tax bill?

As Congress nears passage of a Republican-backed tax bill, there’s been a lot of discussion about who will benefit and who won’t. Here is some data about the winners and losers under the bill. We’re using data from two sources. One is the Joint Committee on Taxation, the nonpartisan group that analyzes tax bills for Congress. The other is the Urban Institute-Brookings Institution Tax Policy Center, an independent group that models the effects of tax legislation. Both groups analyzed previous versions of the bill, but in this article we’ll look at their analyses of the final version that, assuming it … >>More
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