All income groups get cuts early on, but not ‘everyone’

All income groups get cuts early on, but not ‘everyone’

By 2027, according to the Joint Committee on Taxation, every income group below $75,000 will actually see a tax increase. Only those income ranges above $75,000 will still see a cut by 2027. And according to the Tax Policy Center, only taxpayers higher than the 90th percentile — that is, those earning about $225,000 and above — will have better-than-even odds of getting a tax cut in 2027.