T19-0029 - Distributional Effect of Senator Kamala Harris' LIFT (Livable Incomes for Families Today) the Middle Class Act as Introduced in the Senate, By Expanded Cash Income Percentile, 2019
Distributional effect of Senator Kamala Harris' LIFT (Livable Incomes for Families Today) the Middle Class Act as introduced in the Senate, under a current law baseline as of June 24, 2019. The original estimates of the LIFT Act posted on November 14, 2018 were based on a preliminary version of the bill in which the credit for heads of household phased out between $80,000 and $100,000. These tables have been updated to show the credit for head of household filers phasing out from $60,000 to $80,000, consistent with S.4 – 116th Congress (2019-2020) and S. 3712 – 115th Congress (2017-2018). Estimates are shown in Expanded Cash Income percent for calendar year 2019.