2007

Tables:

• (Sep 15, 2010) - T10-0226 - Current Law; Baseline: Pre-EGTRRA Law; Distribution by Cash Income Percentile, 2007
  Distribution table showing the change in federal taxes in 2007, by cash income percentile, resulting from the tax law changes enacted during the Bush administration, including EGTRRA and JGTRRA (see table footnotes for more detail).
• (Mar 19, 2009) - T09-0171 - Baseline Distribution of Cash Income and Federal Taxes Under Current Law by Cash Income Percentile, 2004-2019
  2004-2019, Tables showing a baseline distribution of cash income and federal taxes under current law by cash income percentile.
• (Jan 30, 2008) - T08-0052 - Tax Capital Gains as Ordinary Income, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for a proposal to tax capital gains as ordinary income
• (Jan 23, 2008) - T08-0026 - Fully Refundable Tax Rebate of $450 ($900 For Couples) Plus $225 Per Dependent, Distribution of Federal Tax Change by Cash Income Percentile, 2007 Income Levels
  Distribution of federal tax change by cash income percentile for a fully refundable tax rebate of up to $450 ($900 for couples) plus $225 per dependent against a baseline of 2008 current law plus extension and indexation of the 2007 AMT patch, at 2007 income levels.
• (Jan 23, 2008) - T08-0024 - Tax Rebate of up to $550 ($1,100 For Couples) Plus $275 Per Dependent, Phased Out for Upper Income Taxpayers, Distribution of Federal Tax Change by Cash Income Percentile, 2007 Income Levels
  Distribution of federal tax change by cash income percentile for a tax rebate of up to $550 ($1,100 for couples) plus $275 per dependent, limited to the sum of income tax liability and 15 percent of earnings and phased out at a 5 percent rate above the thresholds used for the child tax credit against a baseline of 2008 current law plus extension and indexation of the 2007 AMT patch, at 2007 income levels.
• (Jan 22, 2008) - T08-0020 - Tax Rebate of up to $400 ($800 For Couples) Plus $200 Per Dependent, Phased Out for Upper Income Taxpayers and Limited by Earnings, Distribution of Federal Tax Change by Cash Income Percentile, 2007 Income Levels
  Distribution of federal tax change by cash income percentile for a tax rebate of up to $400 ($800 for couples) plus $200 per dependent, limited to 15 percent of earnings and phased out at a 5 percent rate above the thresholds used for the child tax credit against a baseline of 2008 current law plus extension and indexation of the 2007 AMT patch, at 2007 income levels.
• (Jan 22, 2008) - T08-0018 - Tax Rebate of up to $400 ($800 For Couples) Plus $200 Per Dependent, Distribution of Federal Tax Change by Cash Income Percentile, 2007 Income Levels
  Distribution of federal tax change by cash income level for a tax rebate of up to $400 ($800 for couples) plus $200 per dependent, limited to the sum of income tax liability (if positive) and 15 percent of earnings against a baseline of 2008 current law plus extension and indexation of the 2007 AMT patch, at 2007 income levels.
• (Jan 21, 2008) - T08-0016 - Tax Rebate of up to $600 ($1200 For Couples) Plus $300 Per Dependent, Phased Out for Upper Income Taxpayers and Limited by Earnings, Distribution of Federal Tax Change by Cash Income Percentile, 2007 Income Levels
  Distribution of federal tax change by cash income percentile for a tax rebate of up to $600 ($1200 for couples) plus $300 per dependent, limited to 15 percent of earnings and phased out at a 5 percent rate above the thresholds used for the child tax credit against a baseline of 2008 current law plus extension and indexation of the 2007 AMT patch, at 2007 income levels.
• (Jan 21, 2008) - T08-0014 - Tax Rebate of up to $600 ($1200 For Couples) Plus $300 Per Dependent, Distribution of Federal Tax Change by Cash Income Percentile, 2007 Income Levels
  Distribution of federal tax change by cash income percentile for a tax rebate of up to $600 ($1200 for couples) plus $300 per dependent, limited to the sum of income tax liability (if positive) and 15 percent of earnings against a baseline of 2008 current law plus extension and indexation of the 2007 AMT patch, at 2007 income levels.
• (Jan 21, 2008) - T08-0011 - Reduce 10-Percent Individual Income Tax Rate to 0 Percent, Distribution of Federal Tax Change by Cash Income Percentile, 2007 Income Levels
  Distribution of federal tax change by cash income percentile for a reduction in the 10-percent statutory individual income tax rate to zero percent against a baseline of 2008 current law plus extension and indexation of the 2007 AMT patch, at 2007 income levels.
• (Dec 20, 2007) - T07-0343 - H.R. 3996, The Tax Increase Prevention Act of 2007, Final Version as Passed by the House and Senate, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for the final version of H.R. 3996, the Tax Increase Prevention Act of 2007, as passed by the House and Senate. The bill allows personal nonrefundable credits against the AMT and increases the AMT exemptions to $44,350 for single and head of household filers and to $66,250 for joint filers.
• (Dec 10, 2007) - T07-0341 - Replace Individual Income Tax with Republican Study Committee Alternative, Against a Current-Law Baseline with No AMT, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile resulting from replacing the current individual income tax with the Republican Study Committee's alternative tax. The alternative denies all itemized deductions and credits and provides a substantially larger standard deduction, slightly larger personal exemptions, and lower rates.
• (Nov 05, 2007) - T07-0324 - Include Dividends and Capital Gains Above $50,000 ($100,000 Joint) as an AMT Preference, Baseline is Current Law Plus the AMT Patch in H.R. 3996, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for a plan that includes dividends and capital gains above $50,000 ($100,000 for married filers) as an AMT preference item against a baseline of current law plus the AMT patch as proposed in H.R. 3996 (allow personal nonrefundable credits against the AMT and increase the AMT exemption to $44,350 for single and head of household taxpayers and to $66,250 for married taxpayers)
• (Nov 05, 2007) - T07-0322 - AMT Patch in H.R. 3996 and Include Dividends and Capital Gains Above $50,000 ($100,000 Joint) as an AMT Preference, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for a plan that extends the AMT patch as done by H.R. 3996 (allow personal nonrefundable credits against the AMT and increase the AMT exemption to $44,350 for single and head of household taxpayers and to $66,250 for married taxpayers) and offsets the cost by including dividends and capital gains above $50,000 ($100,000 for married filers) as an AMT preference item
• (Nov 01, 2007) - T07-0320 - AMT Patch in H.R. 3996 (as Passed by the House), The Temporary Tax Relief Act of 2007, Distribution of Federal Tax Change by Cash Income Percentile for Individuals Remaining on the AMT, 2007
  2007 Distribution of federal tax change by cash income percentile for the AMT patch extension included in H.R. 3996 (as passed by the House), the Temporary Tax Relief Act of 2007 for those taxpayers who would pay the AMT both with and without the patch. The patch allows personal nonrefundable credits against the AMT and increases the AMT exemptions to $44,350 for single and head of household filers and to $66,250 for joint filers.
• (Nov 01, 2007) - T07-0318 - AMT Patch in H.R. 3996 (as Passed by the House), The Temporary Tax Relief Act of 2007, Distribution of Federal Tax Change by Cash Income Percentile for Individuals Removed from AMT, 2007
  2007 Distribution of federal tax change by cash income percentile for the AMT patch extension included in H.R. 3996 (as passed by the House), the Temporary Tax Relief Act of 2007 for those taxpayers who would pay the AMT without the patch but would not with the patch. The patch allows personal nonrefundable credits against the AMT and increases the AMT exemptions to $44,350 for single and head of household filers and to $66,250 for joint filers.
• (Nov 01, 2007) - T07-0316 - AMT Patch in H.R. 3996 (as Passed by the House), The Temporary Tax Relief Act of 2007, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for the AMT patch extension included in H.R. 3996 (as Passed by the House), the Temporary Tax Relief Act of 2007. The patch allows personal nonrefundable credits against the AMT and increases the AMT exemptions to $44,350 for single and head of household filers and to $66,250 for joint filers.
• (Aug 31, 2007) - T07-0296 - Child Tax Credit (CTC), Distribution of Federal Tax Benefits for Tax Units with Eligible Children Only, by Cash Income Percentile, 2007
  2007 distribution of benefits from the child tax credit by cash income percentile for tax units with children eligible for the credit
• (Aug 24, 2007) - T07-0294 - Distribution of Federal Taxes Under Pre-EGTRRA Individual Income and Estate Tax Law, By Cash Income Percentiles, 2007
  Distribution of federal taxes by cash income percentile that would have existed in 2007 under pre-EGTRRA (before the 2001 tax cut) individual income and estate tax law
• (Jun 19, 2007) - T07-0182 - Convert State and Local Tax Deduction to 15 Percent Nonrefundable Credit, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for conversion of the state and local tax deduction into a 15 percent nonrefundable credit
• (Jun 19, 2007) - T07-0180 - Repeal State and Local Tax Deduction, Retain Property Tax Deduction, and Repeal AMT, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for repeal of the state and local tax deduction while retaining a property tax deduction in combination with repeal of the individual alternative minimum tax (AMT)
• (Jun 19, 2007) - T07-0178 - Repeal State and Local Tax Deduction, Retain Property Tax Deduction, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for repeal of the state and local tax deduction while retaining a property tax deduction
• (Jun 19, 2007) - T07-0176 - Repeal State and Local Tax Deduction and Repeal AMT, Distribution of Federal Tax Change by Cash Income Percentile for Single Tax Units, 2007
  2007 Distribution of federal tax change by cash income percentile for repeal of the state and local tax deduction combined with repeal of the individual alternative minimum tax (AMT), showing the effects on single individuals only (excluding those filing head of household returns)
• (Jun 19, 2007) - T07-0174 - Repeal State and Local Tax Deduction and Repeal AMT, Distribution of Federal Tax Change by Cash Income Percentile for Joint Tax Units, 2007
  2007 Distribution of federal tax change by cash income percentile for repeal of the state and local tax deduction combined with repeal of the individual alternative minimum tax (AMT), showing the effects on married couples filing joint returns only
• (Jun 19, 2007) - T07-0172 - Repeal State and Local Tax Deduction and Repeal AMT, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for repeal of the state and local tax deduction combined with repeal of the individual alternative minimum tax (AMT)
• (Jun 19, 2007) - T07-0170 - Repeal State and Local Tax Deduction, Distribution of Federal Tax Change by Cash Income Percentile for Single Tax Units, 2007
  2007 Distribution of federal tax change by cash income percentile for repeal of the state and local tax deduction, showing the effects on single individuals only (excluding those who file a head of household return)
• (Jun 19, 2007) - T07-0168 - Repeal State and Local Tax Deduction, Distribution of Federal Tax Change by Cash Income Percentile for Joint Tax Units, 2007
  2007 Distribution of federal tax change by cash income percentile for repeal of the state and local tax deduction, showing the effects on married couples filing a joint return only
• (Jun 19, 2007) - T07-0166 - Repeal State and Local Tax Deduction, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for repeal of the state and local tax deduction
• (May 16, 2007) - T07-0135 - Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  Distribution of federal tax change by cash income percentile for a proposal that repeals the individual alternative minimum tax (AMT) and replaces it with a surtax of 4% of adjusted gross income above $200,000 for joint tax units and above $100,000 for tax units of other filing statuses. The proposal is revenue-neutral over the period 2007-17.
• (Apr 20, 2007) - T07-0128 - Revenue-Neutral AMT Exclusion Up to $250,000, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income class if taxpayers with adjusted gross income less than $250,000 are excluded from the AMT, AMT liability is phased in between $250,000 and $500,000, and the AMT rates are increased to 35 percent (all thresholds reduced by half for single and head of household returns)"
• (Apr 10, 2007) - T07-0125 - Extend the AMT Patch and Adjust the Exemption for Inflation, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for an extension of the current AMT patch with an adjustment to the exemption for inflation. The AMT patch allows personal nonrefundable credits against the AMT and increases the AMT exemption.
• (Apr 10, 2007) - T07-0123 - Extend the AMT Patch Without Adjusting the Exemption for Inflation, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for an extension of the current AMT patch without adjusting the exemption for inflation. The AMT patch allows personal nonrefundable credits against the AMT and increases the AMT exemption.
• (Mar 28, 2007) - T07-0112 - Distribution of the Tax Benefits of the Child Tax Credit (CTC) by Cash Income Percentile, 2007
  2007 Distribution of the tax benefits of the child tax credit (CTC) by cash income percentile including the share of tax units receiving a benefit from the credit, the benefit as a percentage of after-tax income, and the average dollar value of the benefit
• (Mar 28, 2007) - T07-0110 - Distribution of the Tax Benefits of the Earned Income Tax Credit (EITC) by Cash Income Percentile, 2007
  2007 Distribution of the tax benefits of the earned income tax credit (EITC) by cash income percentile including the share of tax units receiving a benefit from the credit, the benefit as a percentage of after-tax income, and the average dollar value of the benefit
• (Mar 23, 2007) - T07-0120 - Twenty Percent Flat Tax Option, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile if taxpayers are given the option of paying either their tax liability according to current law or a flat tax of 20 percent of adjusted gross income
• (Mar 23, 2007) - T07-0118 - Sixteen Percent Flat Tax Option, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile if taxpayers are given the option of paying either their tax liability according to current law or a flat tax of 16 percent of adjusted gross income
• (Mar 12, 2007) - T07-0106 - One Percentage Point Individual Income Tax Surcharge, Elderly Tax Units Only, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for a one percentage point increase in all statutory tax rates, elderly tax units only
• (Mar 12, 2007) - T07-0104 - One Percentage Point Individual Income Tax Surcharge, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for a one percentage point increase in all statutory tax rates
• (Feb 26, 2007) - T07-0099 - Reset Child Tax Credit Refundability Threshold to $10,000, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile resulting from resetting the threshold at which the refundable child credit begins to phase in to $10,000
• (Feb 26, 2007) - T07-0097 - Increase EITC Phase-In Rate to 45 Percent for Filers with Three or More Qualifying Children, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile resulting from an increase in the Earned Income Tax Credit phase-in rate to 45 percent for filers with three or more children
• (Jan 29, 2007) - T07-0078 - Combined Effect of 2001-2006 Tax Cuts with Extension of 2006 AMT Exemption Indexed for Inflation, Pre-EGTRRA Baseline with Indexation of 2000 AMT Exemption, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for the combined 2001-2006 tax cuts plus extension and indexation of the 2006 AMT exemption against a baseline of pre-EGTRRA law plus indexation of the 2000 AMT exemption
• (Jan 05, 2007) - T07-0007 - Repeal Individual Alternative Minimum Tax (AMT), Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of federal tax change by cash income percentile for repeal of the individual alternative minimum tax (AMT)
• (Nov 30, 2006) - T06-0308 - Current-Law Distribution of Federal Taxes By Cash Income Percentiles, 2007
  2007 Distribution of individual income tax, payroll tax, corporate income tax, estate tax, and all federal tax (share of total tax and average tax rate) by cash income percentile.
• (Nov 13, 2006) - T06-0280 - Combined Effect of the 2001-2006 Tax Cuts, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007 Distribution of the federal tax change by cash income percentile of the major individual income and estate tax provisions of the 2001-06 tax cuts
• (Jun 01, 2006) - T06-0110 - Reported Baucus Estate Tax Compromise, Distribution of Federal Tax Change by Economic Income Percentile, 2007
  Extremely preliminary analysis of the reported estate tax compromise being offered by Senator Baucus.
• (Jun 01, 2006) - T06-0108 - Reported Baucus Estate Tax Compromise, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  Extremely preliminary analysis of the reported estate tax compromise being offered by Senator Baucus.
• (Mar 23, 2006) - T06-0063 - Imposition of $50,000 Limit on Individual Income Tax Cuts, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007, Impose $50,000 Limit on Individual Income Tax Cuts in EGTRRA, JGTRRA, and WFTRA With Extension of 2005 AMT Relief, Indexed for Inflation, Distribution of Federal Tax Change by Cash Income Percentile
• (Mar 23, 2006) - T06-0061 - Imposition of $20,000 Limit on Individual Income Tax Cuts, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007, Impose $20,000 Limit on Individual Income Tax Cuts in EGTRRA, JGTRRA, and WFTRA With Extension of 2005 AMT Relief, Indexed for Inflation, Distribution of Federal Tax Change by Cash Income Percentile
• (Mar 23, 2006) - T06-0059 - Imposition of $10,000 Limit on Individual Income Tax Cuts, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007, Impose $10,000 Limit on Individual Income Tax Cuts in EGTRRA, JGTRRA, and WFTRA With Extension of 2005 AMT Relief, Indexed for Inflation, Distribution of Federal Tax Change by Cash Income Percentile
• (Feb 07, 2006) - T06-0039 - Combined Effect of EGTRRA, JGTRRA, and WFTRA With Extension of 2005 AMT Relief, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007, Combined Effect of EGTRRA, JGTRRA, and WFTRA With Extension of 2005 AMT Relief, Indexed for Inflation, versus Pre-EGTRRA Baseline with Extension of 2000 AMT Exemption, Indexed for Inflation After 2000, Distribution of Federal Tax Change by Cash Income Percentile
• (Feb 07, 2006) - T06-0036 - Combined Effect of EGTRRA, JGTRRA, and WFTRA With Extension of 2005 AMT Relief, Indexed for Inflation versus Pre-EGTRRA baseline, Distribution of Federal Tax Change by Cash Income Percentile, 2007
  2007, Combined Effect of EGTRRA, JGTRRA, and WFTRA With Extension of 2005 AMT Relief, Indexed for Inflation versus Pre-EGTRRA baseline, Distribution of Federal Tax Change by Cash Income Percentile