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Metadata

  • Author: Tax Policy Center
  • Title: Those Making $450,000 and Up Would Get Nearly Half the Benefit of Extending the TCJA
  • ISBN: 50278773

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The top 0.1 percent, who will make $5 million or more, would receive an average tax cut of nearly $280,000, or 3 percent of their after-tax income. Middle-income households, by contrast, would see their taxes decline by about $1,000 or 1.3 percent of their after-tax incomes.

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