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Households in the top 1 percent benefit the most from the 2017 Trump Tax Law, with an average tax reduction of $61,090 in 2025, while the lowest quintile sees a $70 reduction.

Bar chart showing average federal tax change in 2025 from the 2017 Trump Tax Law, with households in the top 1 percent benefiting the most at $61,090, compared to $70 for the lowest quintile.

Bar chart showing average federal tax change in 2025 from the 2017 Trump Tax Law, with households in the top 1 percent benefiting the most at $61,090, compared to $70 for the lowest quintile.

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