So why not enact that tax cut with a phase out based on total income?  That would keep the tax cut to those in the lower brackets where 5% of income means A LOT more to someone making $50,000 a year than someone making $250,000 a year!  And don't kid yourself, lowering top tax brackets will still benefit those who can afford it more than that 5% in the lower brackets continuing to widen that gap. IMHO, the INCOME tax is a penalty to those in the lower brackets struggling to climb the socioeconomic ladder.  I am still waiting for a definitive answer on how I'm going to be penalized with the forthcoming "tax cuts".  Single parent or households taking on parental care are still a rising number in our country and we are eliminating the head of household bracket?  I doubt the increased exemptions are going to offset my tax liability if that is the case.