Who pays federal taxes, by income
The House Ways and Means Committee is expected to release its tax bill on Thursday — after being delayed a day — and it's sure to come under fire from Democrats for being a boon to the wealthy. While the merits of who wins and who loses under the plan can be debated, the fact of the matter is that the wealthy pay a larger proportion of federal taxes — so any tax cut will almost certainly benefit the wealthy.
What to watch: Whether the tax bill also relieves the tax burden on the middle and lower class, and by how much.
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