Tax Policy Center

Model Estimates

Browse Model Estimates

T07-0327 - Fully Phased In Provisions of H.R. 3996 (as Passed by the House) at 2008 Income Levels, Distribution of Federal Tax Change by Cash Income Percentile, 2008

2008 Distribution of federal tax change by cash income percentile for H.R. 3996 (as passed by the House): The Temporary Tax Relief Act of 2007 incorporating all provisions at 2008 income levels. H.R. 3996 extends the AMT patch by allowing personal nonrefundabel credits against the AMT and increasing the exemption amounts, extends several individual and business tax incentives, and offsets the cost with revenue-raisers including taxation of carried interest and certain nonqualified deferred compensation

November 4, 2007