2012 Budget Distributional Tables

The Tax Policy Center has posted a variety of tables and Excel spreadsheets showing the distributional effects of the tax provisions in President Obama’s 2012 Budget. 

Tables show the distributional effects by cash income and by income percentiles for 2013 versus current law and versus a current policy baseline. The current policy baseline assumes that all the temporary provisions in place for calendar year 2011 are extended, with the exception of the payroll tax cut. Specifically, it indexes the exemption level of the AMT after 2011, makes the 2001 and 2003 individual income tax cuts permanent, extends the earned income tax credit (EITC) and child tax credit (CTC) provisions initially enacted as part of the 2009 stimulus bill, and makes 2011-12 estate tax law permanent. We also show distributional effects of the revenue changes in the current policy baseline and the adjusted baseline used in the President’s Budget versus current law. Click on the table name to locate the table on the TPC website.

View analysis of the budget 

Download complete 2012 Budget report in PDF format