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The Tax Foundation is the nation’s leading independent tax policy nonprofit. Since 1937, our principled research, insightful analysis, and engaged experts have informed smarter tax policy at the federal, state, and global levels. For over 80 years, our goal has remained the same: to improve lives through tax policies that lead to greater economic growth and opportunity.
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.
You can embed this map on your own website by inserting the following code:
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