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Topic subjecttrue, the bernie calculator isnt one he put out
Topic URLhttp://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