The second round of Republican tax cuts are still tilted towards the top: Share of total federal tax change by income quintile, 2026
| 80-90 | 90-95 | 95-99 | Top 1 Percent | |
|---|---|---|---|---|
| Top | 12.40% | 10.10% | 24.40% | 16.20% |
| Fourth | 18.80% | |||
| Middle | 12.30% | |||
| Second | 6.30% | |||
| Bottom | 1.60% |
Source: Analysis of the Protecting Family and Small Business Tax Cuts Act of 2018, Tax Policy Center, September 12, 2018.