What The Tax Cuts Will Really Look Like For Most Americans

Now that the Republicans are really close to signing the new tax reform into actual laws, a majority of Americans are now thinking about how exactly these new laws will affect them under the new legislation. The Tax Policy Center conducted an analysis and found that many income groups could receive a tax cut that averages over $2,000. However, these tax cuts when calculated as percentages of after-tax income would end up being a bigger benefit to the high-income groups. Additionally, only around five percent of our taxpayers can expect increases in their taxes in 2018.

In order to get a clearer picture of what taxpayers in America might see in the following tax year, the content marketing editor for Zippia crunched some data for over 800 professions in order to come up with some mind-boggling estimates. For this huge undertaking, the editor used the exemptions from New Jersey as the baseline because they are a very dense population with pretty high taxes for a state. He also made the decision to use data for unmarried individuals who have no children, have a home and their home is valued at around three-times what the median wage is for each occupation in order to come up with his estimates.

Retail Salespeople

There are millions of retail salespeople across the country who have an annual wage of around $27,180. These retail sales workers are ones that sell things like clothing, appliances, cars, and furniture. The current tax for these types of workers is averaging around $2,050.75. Under the new tax law, their median tax would be closer to $1,631.10. This change is a percentage change of about 20.4-percent.


Another popular group of workers across the country is cashiers. They make up over three-million of our nation's workers. These are the people who run cash registers and process debit or credit transactions wherever people make purchases. The average mean wage for these types of workers is around $21,680. Under the current tax law, they would be taxed around $1,225.75. Under the new tax law, they would only be taxed around $971.10. This is a change in taxes of around a 20.8-percent cut.

Combination Of Fast Food Workers, Service Workers And Food Preparation Workers

There are a combined 3.43 million Americans what work to serve and prepare food at a variety of restaurants. Together, they average around $20,460 a year in wages. Under the current tax law, they would get taxed around $1,042.75. With the new tax law taken into consideration, they would only be taxed around $846. This is a cut just under twenty-percent.

Office Clerks And General Office Positions

There are almost three-million office workers around the United States that perform clerical duties in office settings. These jobs typically entail things like bookkeeping, answering phones, word processing, filing papers and operating office machines. The average wage each year for these types of professionals is around $33,000. Their tax cuts under the new tax legislation would earn them a tax cut of around 20.3-percent.

Registered Nurses

Nurses are sometimes a very under-appreciated job field. They are there for us when we need them most. In the United States, there are almost three million registered nurses that take home an average annual pay of around $72,000. Under the current tax laws, they only get taxed a little over $9,000. Under the new legislation, the tax on their income would be around $577 less.

Operations and General Managers

One of the smallest tax cuts in this list goes to the general and operations managers across the country. There are a little over 2.19-million Americans in this job field that helps to facilitate and coordinate the daily operations of both private and public-private sector companies and organizations. All together, they earn a median annual income of around $122,000. With the current tax law, these professionals get taxed around $19,655. With the new tax legislation, the cut to their taxes would go down around $925 each year.

Stock Clerks

There are over two-million individuals across America that work in warehouses, stockrooms and storage facilities that earn an average median income of around $26,670 each year. These are the people that work to fill shelves and orders from customers across the country and the world. Their tax cut savings under the new legislation would be around $400 each year.