Business Insider and Zippia break down how tax reform will affect people across a range of different occupations.
• US President Donald Trump just signed the GOP's enormous tax overhaul into law.
• The plan is expected to boost take-home pay for most Americans — but not by much.
• Career site Zippia broke down how the final tax bill could affect take-home pay in 2018 for people in various occupations.
It's official. US President Donald Trump just signed Republican's massive tax overhaul into law, Business Insider reported.
Congressional Republicans have portrayed the new plan as a wage-boosting, job-creating boon to the middle class, as well as a means of simplifying the tax system. But the reform has earned harsh criticisms from the public and experts.
Business Insider's Lauren Lyons Cole reported that while take-home pay is set to rise under the tax reform plan, most Americans won't see a ton of extra cash in their pockets. But how much you save also depends on how much you currently earn.
Career site Zippia provided Business Insider with data breaking down how different occupations fare under the finalized tax plan. The estimated federal tax savings below are for a single, childless taxpayer who owns a house valued at three times their salary. Zippia's calculations factored in whether a given taxpayer would benefit most from taking the standard deduction or itemizing deductions.
Following is a look at how people in a number of occupations, from shampooers to financial analysts to surgeons, could see their taxes change next year if the tax plan becomes law.
Shampooers
Average salary: $20,960
Current tax: $1,118
Tax under the Republican plan: $896
Percent tax cut: 19.8%
Hotel, motel, and resort desk clerks
Average salary: $23,530
Current tax: $1,503
Tax under the Republican plan: $1,193
Percent tax cut: 20.6%
Bakers
Average salary: $27,110
Current tax: $2,040
Tax under the Republican plan: $1,623
Percent tax cut: 20.5%
Crossing guards
Average salary: $29,190
Current tax: $2,352
Tax under the Republican plan: $1,872
Percent tax cut: 20.4%
Security guards
Average salary: $29,730
Current tax: $2,433
Tax under the Republican plan: $1,937
Percent tax cut: 20.4%
Painting, coating, and decorating workers
Average salary: $32,040
Current tax: $2,780
Tax under the Republican plan: $2,214
Percent tax cut: 20.3%
Craft artists
Average salary: $38,900
Current tax: $3,771
Tax under the Republican plan: $3,038
Percent tax cut: 19.4%
Highway maintenance workers
Average salary: $39,540
Current tax: $3,850
Tax under the Republican plan: $3,114
Percent tax cut: 19.1%
Automotive service technicians and mechanics
Average salary: $41,400
Current tax: $4,081
Tax under the Republican plan: $3,338
Percent tax cut: 18.2%
Roofers
Average salary: $42,080
Current tax: $4,166
Tax under the Republican plan: $3,419
Percent tax cut: 17.9%
Photographers
Average salary: $42,640
Current tax: $4,235
Tax under the Republican plan: $3,486
Percent tax cut: 17.7%
Bailiffs
Average salary: $20,570
Current tax: $1,059
Tax under the Republican plan: $857
Percent tax cut: 19.1%
Child, family, and school social workers
Average salary: $47,510
Current tax: $4,840
Tax under the Republican plan: $4,071
Percent tax cut: 15.9%
Athletic trainers
Average salary: $47,880
Current tax: $4,886
Tax under the Republican plan: $4,115
Percent tax cut: 15.8%
Radio and television announcers
Average salary: $48,170
Current tax: $4,922
Tax under the Republican plan: $4,150
Percent tax cut: 15.7%
Clergy
Average salary: $49,450
Current tax: $5,081
Tax under the Republican plan: $4,304
Percent tax cut: 15.3%
Interpreters and translators
Average salary: $51,260
Current tax: $5,358
Tax under the Republican plan: $4,577
Percent tax cut: 14.6%
Flight attendants
Average salary: $51,620
Current tax: $5,432
Tax under the Republican plan: $4,656
Percent tax cut: 14.3%
Graphic designers
Average salary: $52,290
Current tax: $5,570
Tax under the Republican plan: $4,803
Percent tax cut: 13.8%
Brickmasons and block masons
Average salary: $53,440
Current tax: $5,806
Tax under the Republican plan: $5,056
Percent tax cut: 12.9%
Morticians, undertakers, and funeral directors
Average salary: $54,700
Current tax: $6,065
Tax under the Republican plan: $5,334
Percent tax cut: 12.1%
Structural iron and steel workers
Average salary: $56,040
Current tax: $6,340
Tax under the Republican plan: $5,628
Percent tax cut: 11.2%
Curators
Average salary: $58,910
Current tax: $6,929
Tax under the Republican plan: $6,260
Percent tax cut: 9.7%
Elementary school teachers — except special education
Average salary: $59,020
Current tax: $6,951
Tax under the Republican plan: $6,284
Percent tax cut: 9.6%
Locomotive engineers
Average salary: $61,020
Current tax: $7,362
Tax under the Republican plan: $6,724
Percent tax cut: 8.7%
Police and sheriff's patrol officers
Average salary: $62,760
Current tax: $7,719
Tax under the Republican plan: $7,107
Percent tax cut: 7.9%
Editors
Average salary: $66,080
Current tax: $8,400
Tax under the Republican plan: $7,837
Percent tax cut: 6.7%
Dental hygienists
Average salary: $73,440
Current tax: $9,905
Tax under the Republican plan: $9,296
Percent tax cut: 6.1%
Fashion designers
Average salary: $76,480
Current tax: $10,521
Tax under the Republican plan: $9,838
Percent tax cut: 6.5%
Nuclear technicians
Average salary: $77,820
Current tax: $10,792
Tax under the Republican plan: $10,077
Percent tax cut: 6.6%
Athletes and sports competitors
Average salary: $83,730
Current tax: $11,976
Tax under the Republican plan: $11,119
Percent tax cut: 7.2%
Statisticians
Average salary: $85,160
Current tax: $12,258
Tax under the Republican plan: $11,368
Percent tax cut: 7.3%
Industrial engineers
Average salary: $88,530
Current tax: $12,924
Tax under the Republican plan: $11,954
Percent tax cut: 7.5%
Computer systems analysts
Average salary: $91,620
Current tax: $13,534
Tax under the Republican plan: $12,491
Percent tax cut: 7.7%
Financial analysts
Average salary: $97,640
Current tax: $14,724
Tax under the Republican plan: $13,537
Percent tax cut: 8.1%
Physician assistants
Average salary: $102,090
Current tax: $15,603
Tax under the Republican plan: $14,333
Percent tax cut: 8.1%
Chemical engineers
Average salary: $105,420
Current tax: $16,261
Tax under the Republican plan: $15,065
Percent tax cut: 7.4%
Economists
Average salary: $112,860
Current tax: $17,731
Tax under the Republican plan: $16,701
Percent tax cut: 5.8%
Air traffic controllers
Average salary: $118,200
Current tax: $18,794
Tax under the Republican plan: $17,875
Percent tax cut: 4.9%
Physicists
Average salary: $121,770
Current tax: $19,584
Tax under the Republican plan: $18,659
Percent tax cut: 4.7%
Public relations and fundraising managers
Average salary: $123,360
Current tax: $19,936
Tax under the Republican plan: $19,009
Percent tax cut: 4.7%
Postsecondary law teachers
Average salary: $134,530
Current tax: $22,408
Tax under the Republican plan: $21,465
Percent tax cut: 4.2%
Financial managers
Average salary: $139,720
Current tax: $23,556
Tax under the Republican plan: $22,606
Percent tax cut: 4.0%
Architectural and engineering managers
Average salary: $143,870
Current tax: $24,474
Tax under the Republican plan: $23,518
Percent tax cut: 3.9%
Computer and information systems managers
Average salary: $145,740
Current tax: $24,888
Tax under the Republican plan: $23,929
Percent tax cut: 3.9%
Petroleum engineers
Average salary: $147,030
Current tax: $25,174
Tax under the Republican plan: $24,213
Percent tax cut: 3.8%
Prosthodontists
Average salary: $168,140
Current tax: $29,804
Tax under the Republican plan: $28,853
Percent tax cut: 3.2%
Orthodontists
Average salary: $228,780
Current tax: $43,078
Tax under the Republican plan: $45,549
Percent tax cut: -5.7%
Obstetricians and gynecologists
Average salary: $234,310
Current tax: $44,289
Tax under the Republican plan: $47,309
Percent tax cut: -6.8%
Surgeons
Average salary: $252,910
Current tax: $48,667
Tax under the Republican plan: $53,272
Percent tax cut: -9.5%
Business Insider and Zippia break down how tax reform will affect people across a range of different occupations. Read Full Story
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