Some Real Tax Withholding Numbers at Several Income Levels

I downloaded the new tax tables for 2018 which will be used for calculating federal tax withholding from your paycheck. I ran some quick numbers for various income levels. These are all for married couple, filing jointly.

MARRIED PERSON
Income.......2017 Tax...........2018 Tax.........% Reduction
$27,300..........$1,870.............$1,575............15.7%
$50,000..........$5,270.............$4,233............19.8%
$65,000..........$7,520.............$6,033............19.8%
$75,000..........$9,020.............$7,233............19.8%
$100,000........$14,314...........$11,338..........20.8%
$150,000........$26,815...........$22,338..........16.7%
$250,000........$54,862...........$45,807..........16.5%
$1,000,000.....$337,805.........$305,105..........9.7%

Hmmm...looks like the middle class is getting the highest percentage of tax reduction. Kind of puts the lie to all the talking points the Democrats are babbling about.