Tax Policy Center

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T10-0119 - Individual, Corporate, and Payroll Tax Liability under Wyden-Gregg; Baseline: Current Policy; Distribution by Cash Income Percentile, 2014

Distribution of federal tax change in 2014 from the Bipartisan Tax Fairness and Simplification Act of 2010 by cash income percentiles. Run against current policy which extends the 2009 AMT patch and indexes the AMT exemption, rate bracket thresholds and exemption thresholds for inflation; makes the 2001 and 2003 individual income tax cuts permanent and makes 2009 estate tax law permanent.

May 23, 2010