This statistic shows the average tax cuts expected in 2013 according to income level and also the implementation of either the Republican's or Democrat's taxation policy. If Obama's approach to tax rates would be maintained in 2013, it is estimated that the richest 1 percent of America's population would receive a tax cut of 20,130 U.S. dollars. By comparison, under a Republican policy the estimated tax cut would be 70,790 per year for the same income level.
Estimated average tax cut in 2013, by Republican vs Democratic party approach and tax bracket in the U.S.
(in U.S. dollars)
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Citizens for Tax Justice. (June 20, 2012). Estimated average tax cut in 2013, by Republican vs Democratic party approach and tax bracket in the U.S. (in U.S. dollars) [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/235802/tax-cut-rates-for-2013-by-us-political-party-policy/
Citizens for Tax Justice. "Estimated average tax cut in 2013, by Republican vs Democratic party approach and tax bracket in the U.S. (in U.S. dollars)." Chart. June 20, 2012. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/235802/tax-cut-rates-for-2013-by-us-political-party-policy/
Citizens for Tax Justice. (2012). Estimated average tax cut in 2013, by Republican vs Democratic party approach and tax bracket in the U.S. (in U.S. dollars). Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/235802/tax-cut-rates-for-2013-by-us-political-party-policy/
Citizens for Tax Justice. "Estimated Average Tax Cut in 2013, by Republican Vs Democratic Party Approach and Tax Bracket in The U.S. (in U.S. Dollars)." Statista, Statista Inc., 20 Jun 2012, https://www.statista.com/statistics/235802/tax-cut-rates-for-2013-by-us-political-party-policy/
Citizens for Tax Justice, Estimated average tax cut in 2013, by Republican vs Democratic party approach and tax bracket in the U.S. (in U.S. dollars) Statista, https://www.statista.com/statistics/235802/tax-cut-rates-for-2013-by-us-political-party-policy/ (last visited November 04, 2024)
Estimated average tax cut in 2013, by Republican vs Democratic party approach and tax bracket in the U.S. (in U.S. dollars) [Graph], Citizens for Tax Justice, June 20, 2012. [Online]. Available: https://www.statista.com/statistics/235802/tax-cut-rates-for-2013-by-us-political-party-policy/
