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At least we got something useful out of the ACA rather than just tax cuts for the wealthy and political points. "All taxpayer income groups with incomes of $75
by meroes 6y ago
At least we got something useful out of the ACA rather than just tax cuts for the wealthy and political points.
"All taxpayer income groups with incomes of $75,000 and under — that’s about 65 percent of taxpayers — will face a higher tax rate in 2027 than in 2019."
"People with incomes between $10,000 and $30,000 — nearly one-quarter of Americans — are among those scheduled to pay a higher average tax rate in 2021 than in years before the tax “cut” was passed. The C.B.O. and Joint Committee estimated that those with an income of $20,000 to $30,000 would owe an extra $365 next year "
Tax Cuts and Jobs Act of 2017
https://www.nytimes.com/2020/10/31/opinion/republicans-biden-taxes.html https://www.nytimes.com/2020/10/31/opinion/republicans-biden...
It's a NYT Opinion piece by a Nobel recipient.