4 ms·
They're could be some lag in tax cuts making their way into household income, and some of this could be from corporations onshoring profits.
by omgwtfbyobbq 6y ago
They're could be some lag in tax cuts making their way into household income, and some of this could be from corporations onshoring profits.
- refurb 6y agoThese numbers are pre-tax.
- NoOneNew 6y agoThere isn't "one tax" that effects households. There's also second and third order-of-effect tax changes that affects income as well.
- dragonwriter 6y agosecond+ order effects of tax policy have effects on pre-tax income distribution, just as do second+ order effects of benefits policy have effects on pre-benefits income distribution. Quite often, arguments about the likely second+ order effects are major arguments for or against tax and benefit policy changes; it's not all about first order effects in isolation.