Average tax cuts under GOP approach vs. Obama's approach in 2013

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.

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Source

Release date

June 2012

Region

United States

Survey time period

2012

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Statistics on "U.S. government tax revenue"

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