| Income | Impact of Proposal | |||||||
|---|---|---|---|---|---|---|---|---|
| Income Group | Income Range | Average Income | Tax Change 1000's | Avg. Tax Change | Tax Change as % of Income | Share of Tax Change | Share with Tax Cuts | Avg. Change for Those w/Tax Cuts |
| Poorest 20% | Less than $24,400 | $14,500 | $ –6,237,000 | $ –200 | -1.4% | 4% | 77% | $ –260 |
| Second 20% | $24,400 to $44,100 | $34,200 | $ –14,600,900 | $ –450 | -1.3% | 9% | 78% | $ –580 |
| Middle 20% | $44,100 to $71,300 | $56,600 | $ –22,966,400 | $ –720 | -1.3% | 14% | 78% | $ –920 |
| Fourth 20% | $71,300 to $123,500 | $93,500 | $ –39,417,300 | $ –1,230 | -1.3% | 25% | 83% | $ –1,480 |
| Next 15% | $123,500 to $275,600 | $174,300 | $ –50,914,100 | $ –2,290 | -1.3% | 32% | 88% | $ –2,590 |
| Next 4% | $275,600 to $675,800 | $401,700 | $ –18,799,300 | $ –3,270 | -0.8% | 12% | 91% | $ –3,610 |
| Richest 1% | $675,800 or more | $2,133,900 | $ –6,111,400 | $ –4,240 | -0.2% | 4% | 96% | $ –4,430 |
| ALL | $95,900 | $ –159,315,200 | $ –980 | -1.0% | 100% | 79% | $ –1,250 | |
