Go back to previous topic | Forum name | General Discussion | Topic subject | true, the bernie calculator isnt one he put out | Topic URL | http://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13371498&mesg_id=13371530 |
13371530, true, the bernie calculator isnt one he put out Posted by mista k5, Fri Mar-06-20 11:42 AM
someone on reddit gave this break down for Biden.
As far as Biden's tax plan, the breakdown for income groups is:
Bottom 20% gets a 0.2% change in after-tax income, meaning a loss of about $30.
The second quintile, the next 20%, gets a 0.3% change, meaning a loss of about $110.
The middle quintile, the next 20%, gets a 0.4% change, meaning a loss of about $260.
The fourth quintile gets a 0.5% change, meaning a loss of about $590.
The top 20% of income earners get a 5.7% change, meaning a loss of about $17,480 on average.
The breaks in income are: 20% -$26,200 40% - $52,000 60% - $93,300 80% - $169,500 90% - $247,700 95% - $352,800 99% - $837,400 99.9% - $3,665,700
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