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T16-0245 - Decrease All Statutory Individual Income Tax Rates by One Percentage Point, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017

Impact on the distribution of federal tax burdens relative to current law in 2017 of reducing all statutory individual income tax rates by one percentage point. Preferential rates for capital gains and dividends and alternative minimum tax rates would remain unchanged. This table shows the effect by income percentile.

November 4, 2016