According to new research from The Heritage Foundation, Americans across the country can soon expect to see some tangible benefits from the tax reform legislation passed by Congress last year. The average household should anticipate savings of roughly $26,000 over a 10 year period, an amount that of course varies by state and income level.
Here in Georgia, the average 2018 individual tax cut will come out to about $1,083, with a 10 year savings of $18,856. That’s a tax decrease of nearly 13% from 2017.
For residents of Metro Atlanta, those numbers sound even better. Residents of U.S. Rep. Karen Handel’s CD-6 will see an average annual tax cut of $2,198, for a 10 year savings of $38,822. Down in South Georgia those numbers aren’t quite as high – in U.S. Rep. Buddy Carter’s CD-1, the average cut is $922 with a 10 year total of $15,928.
To see how much you can expect to save in 2018, click HERE