this post was submitted on 04 Nov 2024
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No Stupid Questions

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It shows how much money a person of varying income brackets would save under both parties' tax plans. Thank you in advance.

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[–] sp3tr4l@lemmy.zip 20 points 1 day ago (2 children)
[–] BombOmOm@lemmy.world 3 points 1 day ago (1 children)

That second graph is a doozy. What is driving the two? I'm assuming the Trump plan involves a cut to capital gains tax?

[–] sp3tr4l@lemmy.zip 5 points 1 day ago

I am fairly sure these graphs indicate changes only for federal income tax brackets, no capital gains.

[–] Taalnazi@lemmy.world 2 points 1 day ago (1 children)

Ooh, that's a handy graph, should be shared with more people who might not necessarily lean Pro-Harris but do care about the economy.

[–] XeroxCool@lemmy.world 1 points 13 hours ago

It won't work. They assume they'll somehow slide into a higher, benefited bracket if the Republicans succeed. Something about trickling down the wealth but thinking they're the only ones that'll be fit, floating them to the top.