Tax Policy Center

Fiscal Year 2010 Administration's Budget Proposal

Campaigns, Proposals, and Reforms: FY2010 Budget

2012 Distribution tables by cash income percentile of components of the administration?s budget proposal which would repeal individual income tax cuts for high income taxpayers. This includes reinstating the 36 percent and 39.6 percent rates; reinstating the personal exemption phaseout and limitation on itemized deductions for those taxpayers with AGI over $250,000 (married) and $200,000 (single); and imposing a 20 percent rate on capital gains and dividends for those taxpayers with AGI over $250,000 (married) and $200,000 (single). Run against a current law baseline.

March 11, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2012 Distribution tables by cash income level of component of the administration?s budget proposal which would limit the rate at which itemized deductions reduce individual income tax liability to 28 percent. Run against a current law baseline.

March 11, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2012 Distribution tables by cash income percentile of component of the administration?s budget proposal which would limit the rate at which itemized deductions reduce individual income tax liability to 28 percent. Run against a current law baseline.

March 11, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2012 Distribution tables by cash income level of component of the administration?s budget proposal which would make 2009 estate tax law permanent. This includes reinstating the estate tax with a rate of 45 percent; an effective exclusion of $3.5 million; and a deduction for state estate taxes paid. Run against a current law baseline plus repeal of the estate tax.

March 11, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2012 Distribution tables by cash income percentile of component of the administration?s budget proposal which would make 2009 estate tax law permanent. This includes reinstating the estate tax with a rate of 45 percent; an effective exclusion of $3.5 million; and a deduction for state estate taxes paid. Run against a current law baseline plus repeal of the estate tax.

March 11, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2017 Distribution tables by cash income level of major individual income tax provisions of the administration?s budget proposal. See table footnotes for a detailed description. Run against a current law baseline.

March 12, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2017 Distribution tables by cash income percentile of major individual income tax provisions of the administration?s budget proposal. See table footnotes for a detailed description. Run against a current law baseline.

March 12, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2017 Distribution tables by cash income level of major individual income tax provisions of the administration?s budget proposal. See table footnotes for a detailed description. Run against an administration baseline which extends all of the individual income tax provisions included in 2001 EGTRRA and 2003 JGTRRA; maintains the estate tax at its 2009 parameters; extends the 2009 AMT Patch and indexes the AMT exemption, rate bracket threshold, and phase-out exemption threshold for inflation.

March 12, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2017 Distribution tables by cash income percentile of major individual income tax provisions of the administration?s budget proposal. See table footnotes for a detailed description. Run against an administration baseline which extends all of the individual income tax provisions included in 2001 EGTRRA and 2003 JGTRRA; maintains the estate tax at its 2009 parameters; extends the 2009 AMT Patch and indexes the AMT exemption, rate bracket threshold, and phase-out exemption threshold for inflation.

March 12, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2012 Distribution tables by cash income level of certain component of the administration?s budget proposal which include extending the Making Work Pay Credit (not indexed for inflation), the Earned Income Tax Credit expansion and the Saver's credit expansion. As well as the creating of automatic 401(k)s and IRAs and extending the American Opportunity Tax Credit. Run against a current law baseline.

March 12, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2012 Distribution tables by cash income percentile of certain component of the administration?s budget proposal which include extending the Making Work Pay Credit (not indexed for inflation), the Earned Income Tax Credit expansion and the Saver's credit expansion. As well as the creating of automatic 401(k)s and IRAs and extending the American Opportunity Tax Credit. Run against a current law baseline.

March 12, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2012 Distribution tables by cash income level of component of the administration?s budget proposal which extends the Making Work Pay Credit, not indexed for inflation. Run against a current law baseline.

March 15, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2012 Distribution tables by cash income percentile of component of the administration?s budget proposal which extends the Making Work Pay Credit, not indexed for inflation. Run against a current law baseline.

March 15, 2009
Campaigns, Proposals, and Reforms: Marginal Tax Rates

Shows the average effective marginal individual income tax rate by cash income level under current law, the Administration's baseline, and the Administration's Fiscal Year 2010 Budget Proposal.

March 15, 2009
Campaigns, Proposals, and Reforms: Marginal Tax Rates

Shows the average effective marginal individual income tax rate by cash income percentile under current law, the Administration's baseline, and the Administration's Fiscal Year 2010 Budget Proposal.

March 15, 2009
Campaigns, Proposals, and Reforms: Marginal Tax Rates

2012 distribution, by cash income level, of tax units with an increase, decrease, or same effective marginal individual income tax rate under the Administration's Fiscal Year 2010 Budget Proposal compared with current law.

March 15, 2009
Campaigns, Proposals, and Reforms: Marginal Tax Rates

2012 distribution, by cash income percentile, of tax units with an increase, decrease, or same effective marginal individual income tax rate under the Administration's Fiscal Year 2010 Budget Proposal compared with current law.

March 15, 2009
Campaigns, Proposals, and Reforms: Marginal Tax Rates

2012 distribution, by cash income level, of tax units with an increase, decrease, or same effective marginal individual income tax rate under the Administration's Fiscal Year 2010 Budget Proposal compared with the Administration's baseline.

March 15, 2009
Campaigns, Proposals, and Reforms: Marginal Tax Rates

2012 distribution, by cash income percentile, of tax units with an increase, decrease, or same effective marginal individual income tax rate under the Administration's Fiscal Year 2010 Budget Proposal compared with the Administration's baseline.

March 15, 2009
Campaigns, Proposals, and Reforms: Marginal Tax Rates

2012 distribution, by cash income level, of federal tax change for small business tax units from reinstating the top two individual income tax rates to 36 and 39.6 percent compared to the Administration's baseline.

March 23, 2009
Campaigns, Proposals, and Reforms: Marginal Tax Rates

2012 distribution, by cash income percentile adjusted for family size, of federal tax change for small business tax units from reinstating the top two individual income tax rates to 36 and 39.6 percent compared to the Administration's baseline.

March 23, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2012 distribution, by cash income level, of federal tax change for small business units from limiting the tax rate that itemized deductions reduce tax liability to 28 percent. The baseline is the Administration's baseline with the top two individual income tax rates reinstated.

March 23, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2012 distribution, by cash income percentile adjusted for family size, of federal tax change for small business units from limiting the tax rate that itemized deductions reduce tax liability to 28 percent. The baseline is the Administration's baseline with the top two individual income tax rates reinstated.

March 23, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2012 distribution, by cash income level, of federal tax change for small business units from taxing high income tax units' capital gains and qualified dividends at 20 percent. The baseline is the Administration's baseline with the top two rates reinstated and limitation on itemized deduction.

March 23, 2009
Campaigns, Proposals, and Reforms: FY2010 Budget

2012 distribution, by cash income percentile adjusted for family size, of federal tax change for small business units from taxing high income tax units' capital gains and qualified dividends at 20 percent. The baseline is the Administration's baseline with the top two rates reinstated and limitation on itemized deduction.

March 23, 2009