skews13
Diamond Member
- Mar 18, 2017
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Oops. The original calculation from the JCT was that BBB would cut average taxes for incomes over $1 million by 1.7%. The new calculations say that those making more than $1 million would pay 3.2% more in taxes in the first year, 2022, and even more in subsequent years—4.1 percentage points in 2023 and 3.3 percentage points in 2025. So no, millionaires are not getting a tax cut with this plan, as Republicans would have you believe.
Somebody has to debunk the bull shit on this site. And there's plenty of it.
Build Back Better, now with higher taxes on the wealthy!
The nonpartisan Joint Committee on Taxation tweeted out this low-key correction to its previous analysis on the House’s Build Back Better bill and the tax provisions included in it. “The staff of the Joint Committee on Taxation has discovered an error...
www.dailykos.com
Somebody has to debunk the bull shit on this site. And there's plenty of it.