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The Massive Tax Cuts for the Rich Inside the GOP Healthcare Plan The Republicans' healthcare bill would see the richest households paying an average of
The Massive Tax Cuts for the Rich Inside the GOP Healthcare Plan
The Republicans' healthcare bill would see the richest households paying an average of $ less tax. The bill would also replace health insurance subsidies based on income with subsidies based on age. It would probably make Medicaid health insurance for the poor less generous.
Source: The Washington Post, March
How would the changes in the news clip change the distribution of income across the quintiles and how would the Lorenz curve change?
The changes in the news clip make the distribution of income equal across the quintiles and the Lorenz curve moves the line of equality.
A more; toward
B less; away from
C less; toward
D more; away from
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