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T19-0048 - 10 Percent Surtax on Adjusted Gross Income (AGI) in Excess of $2 Million Married ($1 Million Single); Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020

Table shows the effect on the distribution of federal tax burdens in calendar year 2020 of a 10 percent surtax on adjusted gross income in excess of $2 million if married ($1 million if single), by expanded cash income percentile. Supplemental sheets show the distribution by AGI levels.

September 23, 2019