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T21-0021 – Alternative Version of the CASH Act with Lower Phase-Out Thresholds of 50K/75K/100K for $1,400 Economic Impact Payments by Expanded Cash Income Percentile

Table shows the distributional impact, by expanded cash income percentile, of lowering the phase-out income threshold from $75,000/$112,500/$150,000 to $50,000/$75,000/$100,000 for single/head of households/married filing jointly tax-filers for an alternative version of the CASH Act (2020) with $1,400 economic impact payments.

January 26, 2021