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President Donald Trump’s “Big Beautiful Building” has set trillions of tax credits. And there could be greater benefits among residents of certain states and counties.
In 2026, individual taxpayers save an average of $3,752, according to a tax foundation analysis released this week. That figure will be $2,505 in 2030 when some tax credits expire, including the $40,000 limit on federal state and local tax credits known as salt.
After a few years of decline, if inflation increases the value of the permanent cut, the average tax cut could rise to $3,301 in 2035. “It’s an interesting pattern,” Garrett Watson, director of policy analysis at the Tax Foundation, told CNBC.
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According to the analysis, the average tax savings vary depending on the state or county, and the individual tax situation. “A lot of that is correlated with income,” Watson said. But top earners could skew average tax cuts higher, he said.
Based on a tax foundation analysis, the top 10 tax cuts for 2026 by state are:
Wyoming: $5,374Washington: $5,373 Massachusetts: $5,138Florida: $4,998District of Columbia: $4,922 Connecticut: $4,683New Hampshire: $4,597Colorado: $4,260Nevada: $4,220California: $4,141
In comparison, the analysis shows that taxpayers in Mississippi, West Virginia, New Mexico, New Mexico, Kentucky and Alabama will have their lowest average tax cuts below $3,000 in 2026.
County cuts Trump’s tax
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The Tax Foundation analysis also reviewed Trump’s tax cuts at the county level, based on the latest IRS data for 2022. Some of the largest average tax cuts per county in 2026 were one of the resort towns, the report found.
For example, researchers estimate that Teton County, Wyoming, which includes Jackson Hole, average tax cuts per taxpayer in 2026 were $37,373. Meanwhile, Pitkin County, Colorado, which covers Aspen, could be $21,363. In Summit County, Utah, which includes Park City, the average tax cut for 2026 could be $14,537.
Of course, high-income earners are “a great distorting the average tax cuts” in some of these resort areas, Watson said.
In comparison, rural counties such as Loop County, Nebraska, have seen the lowest tax cuts in average counties, with an average tax credit of just $824 in 2026.
Those who benefit most from Trump’s tax cuts
Trump’s law could benefit higher earners while hurting low-income Americans, according to a Congressional Budget Office report released this week.
On average, the “increase in household resources” between 2026 and 2034 was primarily due to reduced federal income taxes, written in a report by Philip Swagel, director of the Congressional Budget Office.
However, the effect “differs across channels and revenue distributions,” he wrote.
According to the CBO report, top winners can earn $13,600 a year at $2025, but the lowest percentile shows that resources will drop by $1,200 a year. The shortage of low-income Americans is primarily due to Medicaid reductions and Supplementary Nutrition Assistance Programs, or SNAP.
