[didibus]

> An analysis from the Tax Policy Center on the latest version of the bill shows that, while nearly all Americans making under $1 million will get a tax cut, those on the upper end of that spectrum — the merely rich making between $500,000 and $1 million — will see a much bigger dollar-value tax cut than the bulk of the working and middle class

So everyone under 1 million gets a tax cut, but the 500k-1m range sees a bigger cut.

I mean, it seems good at first, it be nice to amortize the break more evenly, but I think it's because it's done through a deduction mechanism instead of altering the brackets themselves, so it's probably harder to control.

What exactly is the "bad angle" though here? Is there a different way to do it?

P.S.: Also they do the comparison on tax dollar. Which seems strange. Obviously the same percentage cut for someone making more money will be bigger, so if someone makes 6x more money the same cut will result in 6x more absolute dollar no? Is it true that the 500k-1mil earners are getting a special treatment here or is it just the way the same treatment applies to them?

[kbenson]

Bigger cut depending on how you look at it. They are very careful to say bigger total dollar value, which is what you would expect when a percentage is applied to a larger base number. My guess (based on the graphs) is that it's extremely close percentage wise, even if slightly lower then the immediately preceding bracket. I skimmed after a bit though, so I'll go back and look closer.

Edit: yeesh, phone keyboard really made a mess of that originally.