Most would, though about 8% would see an increase of more than $100 immediately. Furthermore, lower-income taxpayers would see their cuts turn to increases within a few years.
- Paul Ryan × 2
- Kevin McCarthy
Everyone enjoys a tax cut, all across the board.Retracted by Spokesman AshLee Strong on Nov 8, 2017
Even if one assumes that all of the tax provisions remain in place — a big assumption — millions of Americans will still see a tax hike, even if the average person in their income range might receive a tax cut.
It’s a tax cut for everybody. There’s a lot of misinformation out there, a lot of confusion — and more or less, a lot of hits from the left. But it’s a tax cut for everybody.
If you look underneath the rate, more of your income is taxed at a lower rate, and so according to the Joint Committee on Taxation — which is the official scorekeeper of these things — every single person, every rate payer, every bracket person gets a rate cut.Paul Ryan, Speaker of the United States House of Representatives
Interview on the Rush Limbaugh Show onRetracted by Spokesman AshLee Strong on Nov 8, 2017
First, it lets every American keep more of what they earn.Kevin McCarthy, Member of the U.S. House of Representatives from California's 23rd district
Interview on Face the Nation on
Individual taxpayers’ situations will be affected differently by provisions in the bill, and for 2018 alone, the committee found that 8 percent of taxpayers would pay more in taxes. That translates to millions of Americans.
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