T20-0178 - 2020 Recovery Rebate Improvements in H.R.6800 Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act as Passed by the House on May 15, 2020, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2019
Table shows the distributional impacts of the 2020 Recovery Rebate Improvements in H.R.6800 Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act as Passed by the House on May 15, 2020 by expanded cash income percentile, under current law for 2019 as of March 17, 2020. To avoid the economic uncertainty associated with 2020, we use a baseline of 2019 current law at 2019 income levels (including the Recovery Rebate in the CARES Act as if enacted in 2019), and assume that the provision is enacted in 2019.
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