T10-0255 - Bowles-Simpson Deficit Commission: Tax Reform with Individual Rates of 12, 22, and 28%; Baseline: Current Law; Distribution by Cash Income Percentile, 2020

Preliminary distribution of federal tax change at 2015 income levels, by cash income percentile, from the illustrative tax reform plan put forward by the Obama fiscal reform commission (under 2020 law), compared with current law.