New research from the Tax Foundation reveals that the Tax Cuts and Jobs Act will be responsible for the creation of 215,000 full-time jobs that wouldn’t have otherwise existed in 2018. As the economy acclimates to the new pro-business, pro-growth climate, it’s expected that the legislation will generate further economic advancement for years to come.
View the state-based breakdown in the table below:
These benefits are not surprising. The Tax Cuts and Jobs Act has allowed businesses across the country to keep more of their own money—which has been used to create jobs, raise wages, and expand operations. To date, over 650 businesses nationwide have passed down these benefits to their employees.
Learn more about a nationwide bus tour that is further promoting the benefits of the tax relief package as TaxCutsWork.com.