Key Facts about how the TrumpTax Hurts Working People State-By-State
Arizona:
- 282,400 Arizonans will lose health insurance under the TrumpTax
- Roughly 1 in 3 Arizonans will see a tax increase thanks to the TrumpTax when this law is fully phased in
- Next year, the average tax hike for Arizonans who are getting a tax hike will be $1,390
- Next year, the richest 5 percent of Arizonans will get 50 percent of the benefit from the tax cut. Once the law is fully phased in, they will get 109 percent of the benefit
- 400,320 Arizonans will see no tax cut next year
Florida:
- 873,500 Floridians will lose health insurance under the TrumpTax
- Roughly 1 in 3 Floridians will see a tax increase thanks to the TrumpTax when this law is fully phased in
- This year the average tax hike for Floridians who are getting a tax hike will be $410
- This year, 1,457,260 Floridians will see no change to their taxes
Indiana:
- Meanwhile, Walmart, which operates Sam’s Club, received $200 million from the Republican tax plan in 2017
- In Elkhart, the Carson’s Department Store at the Concord Mall announced a shutdown in February when its parent company, The Bon Ton Stores, Inc., declared bankruptcy Altogether 10 Carson’s and Elder-Beerman stores closed in Indiana so far in 2018
- Eli Lilly, headquartered in Indianapolis, Indiana, was rewarded by the GOP tax plan with an incredibly low 15.5% tax rate in the first quarter of 2018
Iowa:
- 125,400 Iowans will lose health insurance under the TrumpTax
- Nearly 1 in 4 Iowans will see a tax increase thanks to the TrumpTax when this law is fully phased in
- Next year, 188,020 Iowans will see no tax cut
Minnesota:
- By undermining the Affordable Care Act, the tax law will result in 226,900 Minnesotans losing access to affordable health care
- Nearly 1 in 4 Minnesota households—over 690,000 families—will see a tax increase thanks to the TrumpTax when the law is fully phased in
- Next year, Minnesota families facing a tax hike will see their taxes increase by $1,160 on average
Ohio:
- 433,100 Ohioans will lose health insurance under this tax law
- Over 1 in 4 Ohioans will see a tax increase thanks to the TrumpTax when this law is fully phased in
- Next year, the average tax hike for Ohioans who are getting a tax hike will be $730
- Next year, 1,020,130 Ohioans will see no tax cut under this law
Tennessee:
- 262,300 Tennesseans will lose health insurance under the TrumpTax
- More than 1 in 4 Tennesseans will see a tax increase thanks to the TrumpTax when this law is fully phased in
- This year the average tax hike for Tennesseans who are getting a tax hike will be $640
- This year, 546,210 Tennesseans will see no change to their taxes
West Virginia:
- 62,900 West Virginians will lose health insurance under the TrumpTax
- 1 in 4 West Virginians will see a tax increase thanks to the TrumpTax
- West Virginia has the highest Medicaid enrollment per capita, which will be undermined by the TrumpTax