Individual Taxes: Alternative Minimum Tax

T07-0121 - Options for a Two-Year Extension of the AMT Patch, Static Impact on Individual Income Tax Liability and Revenue ($ billions), 2007-17

2007-17 Static impact on individual income tax liability and revenue for two options for a two-year extension of the AMT path. AMT patches allow personal nonrefundable credits against the AMT and index the AMT exemption for inflation.
April 9, 2007
Individual Taxes: Current Law

T07-0113 - Amount of Child Credit for Sample Families by Type of Filer for Tax Year 2006

2006 Amount of child credit received for sample families at varying income levels and in different family situations
March 31, 2007
Individual Taxes: Current Law

T07-0114 - Payroll Tax Liability for Sample Families by Type of Filer for Tax Year 2006

2006 Payroll tax liability for sample families at varying income levels and in different family situations
March 31, 2007
Individual Taxes: Current Law

T07-0115 - Distribution of Federal Payroll and Income Taxes by Cash Income Class, 2006

2006 Distribution of federal payroll and income taxes by cash income class showing the percent of tax units in each income class, the percent of tax units in each class with positve payroll and income tax liability, the average tax rate for the payroll tax and the income tax, and the share of tax
March 31, 2007
Individual Taxes: Current Law

T07-0109 - Distribution of the Tax Benefits of the Earned Income Tax Credit (EITC) by Cash Income Class, 2007

2007 Distribution of the tax benefits of the earned income tax credit (EITC) by cash income class including the share of tax units receiving a benefit from the credit, the benefit as a percentage of after-tax income, and the average dollar value of the benefit
March 27, 2007
Individual Taxes: Current Law

T07-0110 - Distribution of the Tax Benefits of the Earned Income Tax Credit (EITC) by Cash Income Percentile, 2007

2007 Distribution of the tax benefits of the earned income tax credit (EITC) by cash income percentile including the share of tax units receiving a benefit from the credit, the benefit as a percentage of after-tax income, and the average dollar value of the benefit
March 27, 2007
Individual Taxes: Current Law

T07-0111 - Distribution of the Tax Benefits of the Child Tax Credit (CTC) by Cash Income Class, 2007

2007 Distribution of the tax benefits of the child tax credit (CTC) by cash income class including the share of tax units receiving a benefit from the credit, the benefit as a percentage of after-tax income, and the average dollar value of the benefit
March 27, 2007
Individual Taxes: Current Law

T07-0112 - Distribution of the Tax Benefits of the Child Tax Credit (CTC) by Cash Income Percentile, 2007

2007 Distribution of the tax benefits of the child tax credit (CTC) by cash income percentile including the share of tax units receiving a benefit from the credit, the benefit as a percentage of after-tax income, and the average dollar value of the benefit
March 27, 2007
Individual Taxes: Child Tax Credit

T07-0108 - Options to Expand the Child Tax Credit, Static Impact on Individual Income Tax Liability and Revenue ($ billions), 2007-17

2007-17 Static impact on tax liability and revenue for five options to expand the child tax credit including lowering the threshold for refundability of the credit and making the credit fully refundable. Also presents estimates of the number of children newly eligible for the credit and with an
March 25, 2007
Individual Taxes: Marginal Tax Rates

T07-0117 - Sixteen Percent Flat Tax Option, Distribution of Federal Tax Change by Cash Income Class, 2007

2007 Distribution of federal tax change by cash income class if taxpayers are given the option of paying either their tax liability according to current law or a flat tax of 16 percent of adjusted gross income
March 22, 2007
Individual Taxes: Marginal Tax Rates

T07-0118 - Sixteen Percent Flat Tax Option, Distribution of Federal Tax Change by Cash Income Percentile, 2007

2007 Distribution of federal tax change by cash income percentile if taxpayers are given the option of paying either their tax liability according to current law or a flat tax of 16 percent of adjusted gross income
March 22, 2007
Individual Taxes: Marginal Tax Rates

T07-0119 - Twenty Percent Flat Tax Option, Distribution of Federal Tax Change by Cash Income Class, 2007

2007 Distribution of federal tax change by cash income class if taxpayers are given the option of paying either their tax liability according to current law or a flat tax of 20 percent of adjusted gross income
March 22, 2007
Individual Taxes: Marginal Tax Rates

T07-0120 - Twenty Percent Flat Tax Option, Distribution of Federal Tax Change by Cash Income Percentile, 2007

2007 Distribution of federal tax change by cash income percentile if taxpayers are given the option of paying either their tax liability according to current law or a flat tax of 20 percent of adjusted gross income
March 22, 2007
Individual Taxes: Marginal Tax Rates

T07-0116 - Alternative Maximum Flat Tax Options, Static Impact on Individual Income Tax Liability ($ billions), 2007

2007 Static impact on individual income tax liability if taxpayers are given the option of paying either their tax liability according to current law or a flat tax of 16 or 20 percent of adjusted gross income
March 22, 2007
Campaigns, Proposals, and Reforms: Revenue Raising Options

T07-0107 - Tax Capital Gains as Ordinary Income, Static Impact on Individual Income Tax Liability and Revenue ($ billions), 2007-17

2007-17 Static impact on individual income tax liability and revenue from taxing capital gains as ordinary income. Static estimates assume no behavioral changes in response to the tax increase.
March 22, 2007
Individual Taxes: Current Law

T07-0102 - Distribution of AMT Taxpayers and AMT Revenue by AGI Class, 2007

2007 Distribution of taxpayers affected by the alternative minimum tax (AMT) and AMT revenue by adjusted gross income (AGI) class
March 18, 2007
Federal Budget and Economy: 2001 Tax Act: Make Provisions in EGTRRA Permanent

T07-0101 - Options to Make Permanent Components of the 2001-2006 Tax Cuts, Static Impact on Individual Income Tax Liability and Revenue ($ billions), 2007-17

2007-17 Impact on individual income tax liability and revenue for three options to make permanent components of the 2001-2006 tax cuts: (1) the 10-percent bracket, child credit, and marriage penalty relief, (2) the above plus the 25 and 28 percent brackets, (3) the above plus the 33 and 35 percent
March 14, 2007

Expired and Expiring Federal Tax Provisions

Provisions in the federal tax code that expire between 2006 and 2020.
March 12, 2007
Campaigns, Proposals, and Reforms: Revenue Raising Options

T07-0033 - Index AMT and Increase Top Tax Rate, The Baseline is Tax Cuts Extended with the Itemized Deduction Treated as a 15% Credit and AMT Treated as in 2006, Static Impact on Revenue ($ billions), 2009-17

2009-17 Static impact on tax liability and revenue of indexing the AMT at 2006 levels and increasing the top marginal rate to 39.6 percent, assuming the tax cuts are extended and taxpayers must choose between the standard deduction and a credit equal to 15 percent of itemized deductions
March 12, 2007
Individual Taxes: Revenue Raising Options

T07-0034 - Index AMT to 2006 Levels, The Baseline is Tax Cuts Extended with the Itemized Deduction Treated as a 15% Credit and AMT Treated as in 2006, Static Impact on Revenue ($ billions), 2009-17

2009-17 Static impact on tax liability and revenue of indexing the AMT at 2006 levels, assuming the tax cuts are extended and taxpayers must choose between the standard deduction and a credit equal to 15 percent of itemized deductions
March 12, 2007
Individual Taxes: Revenue Raising Options

T07-0103 - One Percentage Point Individual Income Tax Surcharge, Distribution of Federal Tax Change by Cash Income Class, 2007

2007 Distribution of federal tax change by cash income class for a one percentage point increase in all statutory tax rates
March 11, 2007
Individual Taxes: Revenue Raising Options

T07-0104 - One Percentage Point Individual Income Tax Surcharge, Distribution of Federal Tax Change by Cash Income Percentile, 2007

2007 Distribution of federal tax change by cash income percentile for a one percentage point increase in all statutory tax rates
March 11, 2007
Individual Taxes: Revenue Raising Options

T07-0105 - One Percentage Point Individual Income Tax Surcharge, Elderly Tax Units Only, Distribution of Federal Tax Change by Cash Income Class, 2007

2007 Distribution of federal tax change by cash income class for a one percentage point increase in all statutory tax rates, elderly tax units only
March 11, 2007
Individual Taxes: Revenue Raising Options

T07-0106 - One Percentage Point Individual Income Tax Surcharge, Elderly Tax Units Only, Distribution of Federal Tax Change by Cash Income Percentile, 2007

2007 Distribution of federal tax change by cash income percentile for a one percentage point increase in all statutory tax rates, elderly tax units only
March 11, 2007
Individual Taxes: Alternative Minimum Tax

T07-0100 - Number of AMT Taxpayers and AMT Revenue for Incremental Reform Options, 2006-2007

2006-07 Number of AMT taxpayers for incremental reform options both with a patch (2006) and without (2007); each option allows an additional preference item in the order (1) state and local tax deductions, (2) dependent exemptions, (3) miscellaneous deductions, (4) medical deductions, and (5)
February 28, 2007