For completeness, there are two ways to answer this (as you know). It is important to understand the precise distinction between the two (which is very often confused):
You cannot use the two interchangeably.
correct. thanks for the added clarity. I don’t think most readers understand the hidden meaning in MSM stories.
correction to my statement:
To those moving from the 35% to the 39.6% tax bracket-thats roughly a 13% increase in taxes.
Since were going from 6 different brackets to 5, we can only decode the lowest and highest with any certainty.
also, there is no 20% bracket,according to the article...ny mistake.