A taxpayer earning $60,000 to $70,000 a year would pay about $207 less.

A taxpayer earning $26,000 a year for example, would pay $26, or 50 cents a week, the city report said.

The changes vary, but the average tax cut for a taxpayer earning $60,000 to $70,000 a year would be $207, or 11.7 percent.

Those deductions would be cut by 50 percent for taxpayers earning more than $500,000.

Reduction of $300 A single taxpayer earning $110,000 a year would pay $84 more in taxes.

Income tax rates increase the more a taxpayer earns from all sources.

Nearly half the benefits go to taxpayers earning $100,000 a year or more.

For a single taxpayer earning $25,000 a year, it would translate into about $73 in savings over all.

Indeed, virtually all taxpayers earning $100,000 to $500,000 will fall under its sway.

On the other end, taxpayers earning $500,000 to $1 million would see a cut of only 5.7 percent, or an average of $1,310 a year.