3 ms·
"People who make over $200k aren't getting as big a tax break? I don't feel bad about that." According to the CBO, people who make less than $75k get a tax inc
by hcknwscommenter 9y ago
"People who make over $200k aren't getting as big a tax break? I don't feel bad about that."
According to the CBO, people who make less than $75k get a tax increase by 2027 (on average). People who make between 75K and 500K get a very small tax deduction on average. Blue state residents get a tax increase almost across the board at >200K<1M. Almost anyone who makes more than a million a year gets a sizeable tax deduction.
- creaghpatr 9y ago>According to the CBO, people who make less than $75k get a tax increase by 2027 Because that's when the cuts expire. Incredibly dishonest framing here.
- jonheller 9y ago"By 2019, Americans earning less than $30,000 a year would be worse off under the Senate bill, CBO found. By 2021, Americans earning $40,000 or less would be net losers"