Tax Policy Center

Fiscal Year 2010 Administration's Budget Proposal

Campaigns, Proposals, and Reforms: FY2010 Budget

2012 distribution, by cash income level, of federal tax change for small business units of reinstating the top two rates, limiting the value of itemized deductions, and taxing capital gains and qualified dividends at 20 percent for high income tax units compared to the Administration's baseline.

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 of reinstating the top two rates, limiting the value of itemized deductions, and taxing capital gains and qualified dividends at 20 percent for high income tax units compared to the Administration's baseline.

March 23, 2009