Tax Policy Center

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T12-0387 - Limit Itemized Deductions, Tax-Exempt Health Insurance Premiums, and Tax-Exempt Bond Interest to 28 Percent Baseline: Current Policy Effective Marginal Individual Income Tax Rates (EMTR) On Capital Income and Wage and Salaries By Cash Income Percentile, 2

Effective marginal individual income tax rates from limiting the benefit of itemized deductions, tax-exempt health insurance premiums and tax-exempt bond interest to 28 percent in 2013, against current policy baseline, by cash income percentile

December 16, 2012