Summary Tables

(the results are based on 2014 tax rates)

Family Tax Cut For Different Total Incomes*

You / Your Spouse$0$20,000$40,000$60,000$80,000$100,000
$0$0$193$1,808$2,000$2,000$2,000
$20,000$193$0$0$703$1,816$1,900
$40,000$1,808$0$0$556$556$640
$60,000$2,000$703$556$0$0$83
$80,000$2,000$1,816$556$0$0$83
$100,000$2,000$1,900$640$83$83$0
$120,000$2,000$2,000$1,360$803$636$0
$140,000$2,000$2,000$2,000$1,356$636$0
$160,000$2,000$2,000$2,000$1,587$867$231
$180,000$2,000$2,000$2,000$2,000$1,407$771
$200,000$2,000$2,000$2,000$2,000$1,947$1,311

*Assumptions: the taxable income is 90% of the total income, the other credits are $1000, the number of children is 1.

Before jumping to the conclusion about the Family Tax Cut being skewed towards the rich, please look at the following two tables.

Combined Federal Taxes (before / after Family Tax Cut)

You / Your Spouse$0$20,000$40,000$60,000$80,000$100,000
$0$0$193 / 0$2,688 / 879$5,974 / 3,974$9,934 / 7,934$13,978 / 11,978
$20,000$193 / 0$724$3,219$6,505 / 5,802$10,465 / 8,649$14,509 / 12,609
$40,000$2,688 / 879$3,219$5,714$9,000 / 8,444$12,960 / 12,404$17,004 / 16,364
$60,000$5,974 / 3,974$6,505 / 5,802$9,000 / 8,444$12,287$16,247$20,291 / 20,207
$80,000$9,934 / 7,934$10,465 / 8,649$12,960 / 12,404$16,247$20,207$24,251 / 24,167
$100,000$13,978 / 11,978$14,509 / 12,609$17,004 / 16,364$20,291 / 20,207$24,251 / 24,167$28,294
$120,000$18,658 / 16,658$19,189 / 17,189$21,684 / 20,324$24,971 / 24,167$28,931 / 28,294$32,974
$140,000$23,338 / 21,338$23,869 / 21,869$26,364 / 24,364$29,651 / 28,294$33,611 / 32,974$37,654
$160,000$28,249 / 26,249$28,781 / 26,781$31,276 / 29,276$34,562 / 32,974$38,522 / 37,654$42,566 / 42,334
$180,000$33,469 / 31,469$34,001 / 32,001$36,496 / 34,496$39,782 / 37,782$43,742 / 42,334$47,786 / 47,014
$200,000$38,689 / 36,689$39,221 / 37,221$41,716 / 39,716$45,002 / 43,002$48,962 / 47,014$53,006 / 51,694

The next table shows how much more federal taxes the families with non-equal incomes pay relative to the families with equal incomes (assuming the total income in both types of families is the same).

Tax Inequality in Federal Taxes (before / after Family Tax Cut)

You / Your Spouse$0$20,000$40,000$60,000$80,000$100,000
$0$0$193 / 0$1,963 / 154$2,754 / 754$4,219 / 2,219$5,614 / 3,614
$20,000$193 / 0$0$0$791 / 87$2,101 / 284$2,222 / 321
$40,000$1,963 / 154$0$0$636 / 79$673 / 117$757 / 117
$60,000$2,754 / 754$791 / 87$636 / 79$0$0$83 / 0
$80,000$4,219 / 2,219$2,101 / 284$673 / 117$0$0$83 / 0
$100,000$5,614 / 3,614$2,222 / 321$757 / 117$83 / 0$83 / 0$0
$120,000$6,371 / 4,371$2,942 / 942$1,477 / 117$803 / 0$636 / 0$0
$140,000$7,091 / 5,091$3,662 / 1,662$2,197 / 197$1,356 / 0$636 / 0$0
$160,000$8,042 / 6,042$4,613 / 2,613$2,981 / 981$1,587 / 0$867 / 0$231 / 0
$180,000$9,302 / 7,302$5,706 / 3,706$3,521 / 1,521$2,127 / 127$1,407 / 0$771 / 0
$200,000$10,394 / 8,394$6,246 / 4,246$4,061 / 2,061$2,667 / 667$1,947 / 0$1,311 / 0