The Washington Post: Guess What? Republicans May Be About to Raise Your Taxes

Now let’s look at an analysis by the Institute on Taxation and Economic Policy. Its data shows that in 2018, 8 percent of taxpayers will see a tax increase. Since some provisions are set to expire, by 2027, 18 percent of taxpayers will be paying more than they do now.

But that’s only part of the story. It turns out that the groups hit hardest are those in the middle and upper-middle class. Looking at the 2027 figures, among those in the middle quintile (those with average incomes of $72,000), 21 percent will be paying more than they do now. In the next highest quintile (average incomes of $115,900), 24 percent will be paying higher taxes. In the next highest (average incomes of $207,000), 33 percent will be paying higher taxes. Read more