Tax Policy Center

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T11-0338 - American Jobs Act of 2011: All Offsets Baseline: Current Law; Distribution by Cash Income Percentile, 2012

2013 Table showing the distribution, by cash income percentiles ,of tax offsets. This includes limiting certain high income taxpayers deductions and exclusions to 28 percent, taxing carried interest as ordinary income, closing loopholes for corporate jet depreciation, and repealing oil and gas subsidies. Baseline is current law.

September 15, 2011