The Jobs Impact Of The Tax Cuts And Jobs Act By State, 2018-2027
The Tax Cuts and Jobs Act (TCJA) is projected to add 215,000 full-time equivalent jobs in 2018 alone, and 1,443,000 cumulative full-time equivalent jobs by 2025. One of the major goals of Tax Reform 2.0 is to extend job growth beyond 2025 by making the recent federal individual income tax changes permanent.
In order to illustrate the impact of the Tax Cuts and Jobs Act on job growth, the Tax Foundation has launched a new interactive map that allows users to explore the cumulative increases in full-time jobs each year by state. You can also compare the impact of the Tax Cuts and Jobs Act by congressional district here or see how tax reform will impact after-tax incomes using our 2018 Tax Reform Calculator. You can learn more about the data behind this tool here.
Note: Our original analysis of the Tax Cuts and Jobs Act estimated an increase of 339,000 jobs in the long run from the Tax Cuts and Jobs Act. Those results were after many of the provisions of the Tax Cuts and Jobs Act expired, such as the reduction in individual income tax rates.
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