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President Donald J. Trump’s One Big Beautiful Bill will be an economic windfall for working and middle-class Americans, delivering the largest tax cut in history, higher wages, higher take-home pay, and much more — coupled with generational spending cuts and deficit reduction that will position the U.S. for real prosperity.
Its massive benefits will be felt by Americans in all 50 states, according to a new state-by-state analysis from the Council of Economic Advisers:
| State | Long-run wage increase (Inflation-adjusted) |
Take-home pay increase (Typical family with two kids) |
|---|---|---|
| Alabama | $4,800 to $9,100 | $6,500 to $10,800 |
| Alaska | $6,400 to $12,200 | $8,100 to $13,900 |
| Arizona | $5,800 to $11,100 | $7,500 to $12,800 |
| Arkansas | $4,500 to $8,600 | $6,200 to $10,300 |
| California | $7,500 to $14,300 | $9,200 to $16,000 |
| Colorado | $7,000 to $13,300 | $8,700 to $15,000 |
| Connecticut | $7,300 to $14,000 | $7,300 to $14,000 |
| Delaware | $6,100 to $11,700 | $7,800 to $13,400 |
| Florida | $5,800 to $11,000 | $7500 to $12,700 |
| Georgia | $5,800 to $11,000 | $7,500 to $12,700 |
| Hawaii | $7,000 to $13,300 | $8,700 to $15,000 |
| Idaho | $5,500 to $10,500 | $7,200 to $12,200 |
| Illinois | $6,200 to $11,800 | $7,900 to $13,500 |
| Indiana | $5,100 to $9,800 | $6,800 to $11,500 |
| Iowa | $5,200 to $10,000 | $6,900 to $11,700 |
| Kansas | $5,200 to $10,000 | $6,900 to $11,700 |
| Kentucky | $4,700 to $8,900 | $6,400 to $10,600 |
| Louisiana | $4,700 to $8,900 | $6,400 to $10,600 |
| Maine | $5,400 to $10,300 | $7,100 to $12,000 |
| Maryland | $7,200 to $13,800 | $8,900 to $15,500 |
| Massachusetts | $7,700 to $14,800 | $9,400 to $16,500 |
| Michigan | $5,200 to $10,000 | $6,900 to $11,700 |
| Minnesota | $6,300 to $12,100 | $8,000 to $13,800 |
| Mississippi | $4,300 to $8,100 | $6,000 to $9,800 |
| Missouri | $5,200 to $9,900 | $6,900 to $11,600 |
| Montana | $5,300 to $10,000 | $7,000 to $11,700 |
| Nebraska | $5,700 to $10,800 | $7,400 to $12,500 |
| Nevada | $5,800 to $11,000 | $7,500 to $12,700 |
| New Hampshire | $7,000 to $13,300 | $8,700 to $15,000 |
| New Jersey | $7,700 to $14,700 | $9,400 to $16,400 |
| New Mexico | $4,800 to $9,100 | $6,500 to $10,800 |
| New York | $6,800 to $13,000 | $8,500 to $14,700 |
| North Carolina | $5,500 to $10,500 | $7,200 to $12,200 |
| North Dakota | $5,500 to $10,500 | $7,200 to $12,200 |
| Ohio | $5,200 to $10,000 | $6,900 to $11,700 |
| Oklahoma | $4,800 to $9,100 | $6,500 to $10,800 |
| Oregon | $6,000 to $11,400 | $7,700 to $13,100 |
| Pennsylvania | $5,700 to $10,900 | $7,400 to $12,600 |
| Rhode Island | $6,300 to $12,000 | $8,000 to $13,700 |
| South Carolina | $5,200 to $9,900 | $6,900 to $11,600 |
| South Dakota | $5,400 to $10,300 | $7,100 to $12,000 |
| Tennessee | $5,300 to $10,000 | $7,000 to $11,700 |
| Texas | $6,000 to $11,300 | $7,700 to $13,000 |
| Utah | $6,600 to $12,500 | $8,300 to $14,200 |
| Vermont | $5,900 to $11,300 | $7,600 to $13,000 |
| Virginia | $6,900 to $13,100 | $8,600 to $14,800 |
| Washington | $7,200 to $13,800 | $8,900 to $15,500 |
| West Virginia | $4,300 to $8,200 | $6,000 to $9,900 |
| Wisconsin | $5,500 to $10,400 | $7,200 to $12,000 |
| Wyoming | $5,200 to $9,900 | $6,900 to $11,600 |
Methodological notes:
- The Council of Economic Advisers (CEA) calculates how investment, GDP, and wages increase in response to lower effective tax rates (lower statutory rates, bigger deduction for pass-through businesses, and full expensing that businesses will enjoy on new equipment, R&D, and factories) using standard academic methods that were successful in accurately forecasting the effects of the 2017 Tax Cuts and Jobs Act (TCJA).
- Take-home pay — defined as after-tax earnings — increases because wages rise and less money is taken out of workers’ paychecks.
- The CEA also looks at the further boost to GDP from the stronger incentive to work (lower taxes boost labor supply) and the greater spending power that Americans will have.
- More about the methodology can be found here.
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