Income Group | Income Range | Average Income | Tax Change 1000's | Average Tax Change | Tax Change as % of Income | Share of Tax Change | Share with Tax Hikes |
---|---|---|---|---|---|---|---|
Poorest 20% | Less than $22,400 | $11,800 | $0 | $0 | 0.0% | 0% | 0.0% |
Second 20% | $22,400 to $42,500 | $32,200 | $ –14,600 | $0 | 0.0% | 0% | 0.0% |
Middle 20% | $42,500 to $69,900 | $55,000 | $ –163,100 | $ –10 | 0.0% | 0% | 0.0% |
Fourth 20% | $69,900 to $122,400 | $92,300 | $ –1,818,500 | $ –60 | -0.1% | 0% | 0.0% |
Next 15% | $122,400 to $276,200 | $174,000 | $ –13,105,200 | $ –540 | -0.3% | -3% | 0.0% |
Next 4% | $276,200 to $681,600 | $404,000 | $33,526,900 | $5,190 | 1.3% | 8% | 14.6% |
Richest 1% | $681,600 or more | $2,167,700 | $403,549,900 | $249,870 | 11.5% | 96% | 91.4% |
ALL | $101,400 | $422,112,000 | $2,600 | 2.6% | 100% | 1.5% |