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T03-0185 - Top Bracket of 39.6 Percent on Taxable Income Over $1,000,000: Distribution of Income Tax Change by AGI Class, Pre-EGTRRA Law Baseline, 2004

2004 Distribution by AGI of creating a top statutory individual income tax rate of 39.6 percent on taxable income over $1 million in order to finance the $87 billion supplemental spending request for the Iraq war. This table shows the impact relative to a pre-2001 tax act (pre-EGTRRA) baseline.

September 29, 2003