3 ms·
85,600 * (.25 - .14) = a $9416 tax increase, which is less than the $12,000 per year for a single adult, so the top of the middle quintile would net slightly mo
by hyperpape 9y ago
85,600 * (.25 - .14) = a $9416 tax increase, which is less than the $12,000 per year for a single adult, so the top of the middle quintile would net slightly more money after taxes and transfers (way more for two person households).
Am I misreading this? (It does seem a little too good to be true).