Millions of People have Quit Food Stamps Thanks to TCJA Tax Cuts

According to recently released government data, the number of people currently enrolled in the Supplemental Nutrition Assistance Program, known as SNAP, has declined dramatically in the last 3 years.

Currently, 36,029,506 Americans, or 18,230,968 households receive SNAP. This is compared to 2016 when 42,972,692 Americans, or 21,232,456 households received assistance from the government run social program. That’s a drop of roughly 7 million people and 4 million households.

A key impact of this? The Tax Cuts and Jobs Act. As the 2017 reforms reduced taxes, businesses were able to hire more workers, increase salaries and give people across the nation a better economic outlook.

And these TCJA rewards are paying off: according to the most recent employment snapshot from the U.S. Bureau of Labor Statistics, unemployment hit a 50-year record low at 3.5% and employers added 136,000 jobs in September.

With more people in work and higher wages all round, Americans are able to take themselves off SNAP, have higher incomes and strive further for their families, loved ones and futures.