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<blockquote data-quote="inactive" data-source="post: 2004392" data-attributes="member: 7488"><p>You are right that the examples get fuzzier when the incomes get lower. Particularly because on incomes that low, there is a possibility of gain for those lower earners, as they receive straight up tax welfare by way of EIC and other credits that could exceed the take home pay on slightly larger incomes.</p><p></p><p>But the people who would be affected by tax increases that applied only to top income brackets, then the regular marginal tax rate example I outlined earlier is more applicable.</p></blockquote><p></p>
[QUOTE="inactive, post: 2004392, member: 7488"] You are right that the examples get fuzzier when the incomes get lower. Particularly because on incomes that low, there is a possibility of gain for those lower earners, as they receive straight up tax welfare by way of EIC and other credits that could exceed the take home pay on slightly larger incomes. But the people who would be affected by tax increases that applied only to top income brackets, then the regular marginal tax rate example I outlined earlier is more applicable. [/QUOTE]
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