Individual Taxes: Current Law

T09-0476 - Remove Tax Expenditures for New Savings, Distribution of Federal Tax Change by Cash Income Percentile, 2012

2012 distribution, by cash income percentile, of the federal tax change of removing tax expenditures for new savings.
May 27, 2009
Individual Taxes: Current Law

T09-0477 - Remove Tax Expenditures for New Savings, Reduce Statutory Rates by Revenue Neutral 3.25 Percentage Points, Distribution of Federal Tax Change by Cash Income Level, 2012

2012 distribution, by cash income level, of the federal tax change of replacing tax expenditures for new savings with a revenue neutral 3.25 percentage point reduction in statutory rates.
May 27, 2009
Individual Taxes: Current Law

T09-0478 - Remove Tax Expenditures for New Savings, Reduce Statutory Rates by Revenue Neutral 3.25 Percentage Points, Distribution of Federal Tax Change by Cash Income Percentile, 2012

2012 distribution, by cash income percentile, of the federal tax change of replacing tax expenditures for new savings with a revenue neutral 3.25 percentage point reduction in statutory rates.
May 27, 2009
Individual Taxes: Current Law

T09-0479 - Remove Tax Expenditures for New Savings, Reduce Statutory Rates by Revenue Neutral 15.9 Percent, Distribution of Federal Tax Change by Cash Income Level, 2012

2012 distribution, by cash income level, of the federal tax change of replacing tax expenditures for new savings with a revenue neutral 15.9 percent reduction in statutory rates.
May 27, 2009
Individual Taxes: Current Law

T09-0480 - Remove Tax Expenditures for New Savings, Reduce Statutory Rates by Revenue Neutral 15.9 Percent, Distribution of Federal Tax Change by Cash Income Percentile, 2012

2012 distribution, by cash income percentile, of the federal tax change of replacing tax expenditures for new savings with a revenue neutral 15.9 percent reduction in statutory rates.
May 27, 2009
Individual Taxes: Current Law

T09-0481 - Remove Tax Expenditures for New Savings, Provides Revenue Neutral Refundable Credit, Distribution of Federal Tax Change by Cash Income Level, 2012

2012 distribution, by cash income level, of the federal tax change of replacing tax expenditures for new savings with a revenue neutral per capita credit.
May 27, 2009
Individual Taxes: Current Law

T09-0482 - Remove Tax Expenditures for New Savings, Provides Revenue Neutral Refundable Credit, Distribution of Federal Tax Change by Cash Income Percentile, 2012

2012 distribution, by cash income percentile, of the federal tax change of replacing tax expenditures for new savings with a revenue neutral per capita credit.
May 27, 2009
Individual Taxes: TaxVox

"Caring for Our Parents": My New Book on Long-Term Care

I am not just a tax wonk. For the past couple of years, when I wasn’t blogging on TaxVox, I was writing a book on long-term care. Caring for Our Parents critiques what is a completely irrational system for delivering and paying for these services. I had the great fortune of being able to tell this story through the eyes of both those who are receiving assistance and their families. About 10 million Americans need this care, and as many as 40 million of us help family members and friends—either the frail elderly or those with disabilities. Long-term care is hugely expensive. On average, a year in a nursing home costs $75,000 and home health aides cost $19 per hour. In 2007, we spent $230 billion on paid assistance. But that pales in comparison with the economic value of informal care provided by family members, which AARP estimates at $375 billion.
May 27, 2009Howard Gleckman
Individual Taxes: TaxVox

The $250,000 Question

During the 2008 presidential campaign, much was made of candidate Obama’s proposal to boost taxes on “high-income” taxpayers. Campaign attack ads warned those folks—couples with income over $250,000 and others with income over $200,000—that a big tax increase was on the way. Joe the Plumber complained that the tax increases would stifle his unborn entrepreneurial dreams.
May 26, 2009Rosanne Altshuler
Individual Taxes: Current Law

T09-0280 - Income Breaks for the 2009 Tax Model (0509 Series), 2004-2019

Table shows the income percentile breaks for the updated 2009 model by cash income, adjusted cash income, economic income, and adjusted gross income.
May 25, 2009
Individual Taxes: Health Care

T09-0279 - Tax Units with Zero or Negative Individual Income Tax under Various Assumptions Regarding ESI Exclusion Repeal and Tax Credit Refundability under the Patients' Choice Act

Number of tax units with zero or negative tax liabilty under various assumptions regarding the repeal of employer sponsored insurance and tax credits, both refundable and non refundable; for the years 2010 to 2019.
May 25, 2009
Individual Taxes: TaxVox

GOP Health Reform: Surprise, A Big Tax Cut

Yesterday, conservative Republicans rolled out their health reform plan. The Patient’s Choice Act is an interesting mix of Massachusetts-like exchanges and other reforms intended to boost the individual insurance market. But, no surprise, its centerpiece is a giant tax cut.
May 21, 2009Howard Gleckman
Campaigns, Proposals, and Reforms: Health Care

T09-0278 - Revenue for Various Assumptions Regarding ESI Exclusion Repeal and Tax Credit Refundability under the Patients' Choice Act (billions$)

Revenue table showing various affects of repealing ESI in combination with a tax credit.
May 21, 2009
Individual Taxes: Health Care

T09-0262 - Replace Employer Sponsored Health Insurance Income and Payroll Tax Exclusion, with Non-refundable Credit Credit Indexed by the Average Growth of CPI and Medical Expenses Distribution of Federal Tax Change by Cash Income Level, 2010

2010 Distributional tables for the proposal to replace the employer sponsored health insurance exclusion with a non-refundable tax credit of $2,300 for single coverage and $5,700 for family coverage in 2010. For subsequent years, the credit levels are indexed by the average growth between CPI and
May 21, 2009
Individual Taxes: Health Care

T09-0263 - Replace Employer Sponsored Health Insurance Income and Payroll Tax Exclusion, with Non-refundable Credit Credit Indexed by the Average Growth of CPI and Medical Expenses Distribution of Federal Tax Change by Cash Income Percentile, 2010

2010 Distributional tables for the proposal to replace the employer sponsored health insurance exclusion with a non-refundable tax credit of $2,300 for single coverage and $5,700 for family coverage in 2010. For subsequent years, the credit levels are indexed by the average growth between CPI and
May 21, 2009
Individual Taxes: Health Care

T09-0264 - Replace Employer Sponsored Health Insurance Income and Payroll Tax Exclusion, with Refundable Credit Credit Indexed by the Average Growth of CPI and Medical Expenses Distribution of Federal Tax Change by Cash Income Level, 2010

2010 Distributional tables for the proposal to replace the employer sponsored health insurance exclusion with a refundable tax credit of $2,300 for single coverage and $5,700 for family coverage in 2010. For subsequent years, the credit levels are indexed by the average growth between CPI and
May 21, 2009
Individual Taxes: Health Care

T09-0265 - Replace Employer Sponsored Health Insurance Income and Payroll Tax Exclusion, with Refundable Credit Credit Indexed by the Average Growth of CPI and Medical Expenses Distribution of Federal Tax Change by Cash Income Percentile, 2010

2010 Distributional tables for the proposal to replace the employer sponsored health insurance exclusion with a refundable tax credit of $2,300 for single coverage and $5,700 for family coverage in 2010. For subsequent years, the credit levels are indexed by the average growth between CPI and
May 21, 2009
Individual Taxes: Health Care

T09-0266 - Replace Employer Sponsored Health Insurance Income and Payroll Tax Exclusion, with Non-refundable Credit Credit Indexed by the Average Growth of CPI and Medical Expenses Distribution of Federal Tax Change by Cash Income Level, 2019

2019 Distributional tables for the proposal to replace the employer sponsored health insurance exclusion with a non-refundable tax credit of $2,300 for single coverage and $5,700 for family coverage in 2010. For subsequent years, the credit levels are indexed by the average growth between CPI and
May 21, 2009
Individual Taxes: Health Care

T09-0267 - Replace Employer Sponsored Health Insurance Income and Payroll Tax Exclusion, with Non-refundable Credit Credit Indexed by the Average Growth of CPI and Medical Expenses Distribution of Federal Tax Change by Cash Income Percentile, 2019

2019 Distributional tables for the proposal to replace the employer sponsored health insurance exclusion with a non-refundable tax credit of $2,300 for single coverage and $5,700 for family coverage in 2010. For subsequent years, the credit levels are indexed by the average growth between CPI and
May 21, 2009
Individual Taxes: Health Care

T09-0268 - Replace Employer Sponsored Health Insurance Income and Payroll Tax Exclusion, with Refundable Credit Credit Indexed by the Average Growth of CPI and Medical Expenses Distribution of Federal Tax Change by Cash Income Level, 2019

2019 Distributional tables for the proposal to replace the employer sponsored health insurance exclusion with a refundable tax credit of $2,300 for single coverage and $5,700 for family coverage in 2010. For subsequent years, the credit levels are indexed by the average growth between CPI and
May 21, 2009
Individual Taxes: Health Care

T09-0269 - Replace Employer Sponsored Health Insurance Income and Payroll Tax Exclusion, with Refundable Credit Credit Indexed by the Average Growth of CPI and Medical Expenses Distribution of Federal Tax Change by Cash Income Percentile, 2019

2019 Distributional tables for the proposal to replace the employer sponsored health insurance exclusion with a refundable tax credit of $2,300 for single coverage and $5,700 for family coverage in 2010. For subsequent years, the credit levels are indexed by the average growth between CPI and
May 21, 2009
Individual Taxes: Health Care

T09-0271 - Replace Employer Sponsored Health Insurance Income Tax Exclusion, with Non-refundable Credit Credit Indexed by the Average Growth of CPI and Medical Expenses Distribution of Federal Tax Change by Cash Income Percentile, 2010

2010 Distribution tables for the proposal to replace the income tax portion of the employer sponsored health insurance exclusion with a non-refundable tax credit of $2,300 for single coverage and $5,700 for family coverage in 2010. For subsequent years, the credit levels are indexed by the average
May 21, 2009
Individual Taxes: Health Care

T09-0272 - Replace Employer Sponsored Health Insurance Income Tax Exclusion, with Refundable Credit Credit Indexed by the Average Growth of CPI and Medical Expenses Distribution of Federal Tax Change by Cash Income Level, 2010

2010 Distribution tables for the proposal to replace the income tax portion of the employer sponsored health insurance exclusion with a refundable tax credit of $2,300 for single coverage and $5,700 for family coverage in 2010. For subsequent years, the credit levels are indexed by the average
May 21, 2009
Individual Taxes: Health Care

T09-0273 - Replace Employer Sponsored Health Insurance Income Tax Exclusion, with Refundable Credit Credit Indexed by the Average Growth of CPI and Medical Expenses Distribution of Federal Tax Change by Cash Income Percentile, 2010

2010 Distribution tables for the proposal to replace the income tax portion of the employer sponsored health insurance exclusion with a refundable tax credit of $2,300 for single coverage and $5,700 for family coverage in 2010. For subsequent years, the credit levels are indexed by the average
May 21, 2009
Individual Taxes: Health Care

T09-0274 - Replace Employer Sponsored Health Insurance Income Tax Exclusion, with Non-refundable Credit Credit Indexed by the Average Growth of CPI and Medical Expenses Distribution of Federal Tax Change by Cash Income Level, 2019

2019 Distribution tables for the proposal to replace the income tax portion of the employer sponsored health insurance exclusion with a non-refundable tax credit of $2,300 for single coverage and $5,700 for family coverage in 2010. For subsequent years, the credit levels are indexed by the average
May 21, 2009