From ITEP: How the House Tax Proposal Would Affect North Dakota Residents' Federal Taxes

From the Institue on Taxation and Economic Policy:

The Tax Cuts and Jobs Act, which was introduced on November 2 in the House of Representatives, includes provisions that raise taxes and some that cut taxes, so the net effect for any particular family's tax bill depends on their situation. Some of the provisions that benefit the middle class - like lower tax rates, an increased standard deduction, and a $300 tax credit for each adult in a household - are designed to expire or become less generous over time. Some of the provisions that benefit the wealthy, such as the reduction and eventual repeal of the estate tax, become more generous over time. The result is that by 20207, the benefits of the House bill become increasingly generous for the richest one percent compared to other income groups. See below for how the bill would affect North Dakota residents' federal taxes and read our full report on the bill here.

Please take a moment to tell Representative Cramer to oppose H.R. 1, the Tax Cuts and Jobs Act, by clicking on this link: https://prosperitynow.quorum.us/campaign/5530/. The link will take you to an automated system at Prosperity Now that will enable you to quickly send your email. 

The graphs below illustrate how the bill would affect taxpayers in North Dakota in four ways:

1. The share of tax cuts in North Dakota going to each income group in 2018 and 2027.
2. The average tax cut for each income group in those years, in dollar amounts.
3. The average tax cut for each income group in those years as a share of income.
4. The fraction of taxpayers in North Dakota who would pay higher taxes under the bill.