Discuss the chart in Figure 2.4b. Why does it show actual incomes rather than incomes as a percentage of all taxpayers? What does it tell us about the effects of the tax cuts on each income level? 

Do you think it supports the claim in its title? Defend your opinion.

Figure 2.4b

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High-Income Households Receive Highest Dollar Benefit from Tax Cuts Annual Income Average annual tax benefit Less than $10,000 s53 |$387 |S771 $896 $10,000 to $20,000 $20,000 to $30,000 $30,000 to $40,000 $40,000 to $50,000| $916 $50,000 to $75,000 $1,132 $75,000 to $100,000 S1,900 $100,000 to $200,000 $3,766 $6,743 $6,701 $200,000 to $500,000 $500,000 to $1 million More than $I million $6,349 Activate Wi $2,000 $4,000 $6,000 Go to Settings