T10-0251 - Bowles-Simpson Deficit Commission: Zero Plan Variant, Retain Child Tax Credit and Earned Income Tax Credit. Baseline: Current Law; Distribution by Cash Income Percentile, 2015

Preliminary distribution of 2015 federal tax change, by cash income percentile, from Option 1 as put forward by the co-chairs of the Obama fiscal reform commission. This table shows the distribution of a variant of the plan that would eliminate all tax expenditures except the Child Tax Credit and Earned Income Tax Credit, compared with current law.