Understanding Tax Brackets: Income Distribution Analysis
School
University of California, Berkeley**We aren't endorsed by this school
Course
UGBA MISC
Subject
Economics
Date
Dec 10, 2024
Pages
4
Uploaded by jaggerwocky
Kaden HoangTax Bracket 1,1301,5801,9802,230Poorest 20% ($0-$28600)Second 20% ($28,600-$55,100)Middle 20% (55,100-94,100)Fourth 20%($94,100-$157,500)1234-140,000-120,000-100,000-80,000-60,000-40,000-20,000020,000Chart TitleRow 21
3,1003,750-121,460Next 15% ($157,100-$360,000)Next 4% ($360,000-$914,900)Richest 1% ($914,900 & Above)567
Total Income Increase for Lower Class:2710SUMIF(B21:G21,"<190Total Income Increase for Middle Class:4210SUMIF(D21:G21,">19Total Income Decrease for Upper Class:-114,610SUMIF(B21:H21,">300
00")900")00")+H21