House Tax Bill Cuts Taxes for Most, but Raises Them for Many in Middle Class, Official Analysis Finds

By Lawler, Joseph | Examiner (Washington, D.C.), The, November 7, 2017 | Go to article overview

House Tax Bill Cuts Taxes for Most, but Raises Them for Many in Middle Class, Official Analysis Finds


Lawler, Joseph, Examiner (Washington, D.C.), The


<>

The House Republican tax bill would raise taxes on many middle-class households, even as it cuts taxes for most people across the board, according to an analysis set for release Tuesday by Congress' own tax experts.

The GOP tax overhaul also would raise taxes on more families over time, as a temporary tax credit for parents expires and inflation pushes people into higher tax brackets.

The Joint Committee on Taxation, the nonpartisan panel that provides tax analysis to Congress, found that one in every 12 tax returns would see a tax increase in 2019 under the Tax Cuts and Jobs Act, which House Republicans are advancing through committee this week.

More higher-earning families would face tax increases under the plan. But a minority of people up and down the income spectrum would face tax increases. Nearly 10 percent of people earning between $50,000 and $75,000 would get hit with a tax increase.

That is true even though all tax brackets would see tax cuts on average.

While the plan's lowered tax rates and doubled standard deduction, with bigger child tax credits, would provide tax breaks for most, some people in unusual tax situations would likely not benefit. The official analysis doesn't explain who those groups are, but it's possible that they are people who have unusually high itemized deductions, such as for medical expenses and state and local taxes.

Over time, the number of people hit by higher taxes would increase. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

House Tax Bill Cuts Taxes for Most, but Raises Them for Many in Middle Class, Official Analysis Finds
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.