If the tax cut were equal across households, the bottom 95 percent would do significantly better: Average tax cut by quintile from the House GOP "Better Way" vs. lump-sum tax cut of the same size
Percentile | Average Tax Cut (Better Way) | Average Tax Cut (Lump Sum) |
---|---|---|
Lowest Quintile | 50 | 1810 |
Second Quintile | 120 | 1810 |
Middle Quintile | 260 | 1810 |
Fourth Quintile | 410 | 1810 |
80-95th Percentiles | 312 | 1810 |
Source: author's analysis of Tax Policy Center analysis of house GOP tax plan