Idaho Press Tribune: Tax Plan Gives Big Cut to Top 1 Percent

The analysis is provided by the Institute on Taxation and Economic Policy, a national nonpartisan think tank that works on state and federal tax policy issues. The three pieces of the bill combined result in a tax increase between $68 for the lowest earners to $192 for those making between $38,000 and $61,000 per year. Those making between about $173,000 and $427,000 would see a $468 cut, compared to those above who would see a $4,957 cut.The analysis is provided by the Institute on Taxation and Economic Policy, a national nonpartisan think tank that works on state and federal tax policy issues. The three pieces of the bill combined result in a tax increase between $68 for the lowest earners to $192 for those making between $38,000 and $61,000 per year. Those making between about $173,000 and $427,000 would see a $468 cut, compared to those above who would see a $4,957 cut.

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