Build Back Better would cut taxes for nearly all households next year, new report finds (via CNBCMakeIt)
The report, from the Urban-Brookings Tax Policy Center , finds that when taking individual income tax and payroll tax changes into account, the bottom 80% of households would save between $700 to $830 on their tax bills next year, on average.
That said, when all major tax provisions are taken into account, it estimates around 20% to 30% of middle-income households would pay $100 or less, on average, in taxes in 2022.
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