T09-0179 - Limit Tax Rate That Itemized Deductions Reduce Tax Liability to 28 Percent, Baseline: Administration Baseline With Top Two Rates Reinstated, Small Business Tax Units, Distribution of Federal Tax Change by Adjusted Cash Income Percentile, 2012

2012 distribution, by cash income percentile adjusted for family size, of federal tax change for small business units from limiting the tax rate that itemized deductions reduce tax liability to 28 percent. The baseline is the Administration's baseline with the top two individual income tax rates reinstated.