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At every income level, there’s a boost to after-tax income
Wall St. Journal?? Really?
just times out and doesn't upload image.
I haven't seen anyone else post a direct image all day, just images from other URLs.
By and large, Americans of all incomes will benefit from the Tax Cuts & Jobs Act that House Republicans have offered.
But some by a lot more than others.
That’s according to analysis done by Ernie Tedeschi, an economist in the Obama-era Treasury Department now at Evercore ISI. He used the Open Source Policy Center tax model to score the impact.
The numbers show that at every income level, there’s a boost to after-tax income.
https://asset.wsj.net/dynamic-insets/charts/cdc_8488e3149f085555bf93fac2_embed.html
And at every tax bracket, there are winners and losers. Tedeschi’s model shows 91.51 million winners and 25.44 million losers after the first year.
#taxes