Tax Policy Center

HR 3970: Tax Reduction and Reform Act of 2007

Federal Budget and Economy

2008 distribution of major individual income tax provisions of HR3970: The Tax Reduction and Reform Act of 2007 by cash income level

October 25, 2007
Federal Budget and Economy

2008 distribution of federal tax change under major individual income tax provisions of HR 3970: The Tax Reduction and Reform Act of 2007 by cash income percentile

October 25, 2007
Federal Budget and Economy

2008 distribution of federal tax change by cash income level under the major individual income tax provisions in HR 3970: The Tax Reduction and Reform Act of 2007 against Against Baseline with 2006 AMT Patch Extended and Indexed for Inflation

October 25, 2007
Federal Budget and Economy

2008 distribution of federal tax change by cash income percentile under the major individual income tax provisions of HR 3970: The Tax Reduction and Reform Act of 2007 Against Baseline with 2006 AMT Patch Extended and Indexed for Inflation

October 25, 2007
Federal Budget and Economy

2008 distribution of federal tax change by cash income level under the major individual income tax provisions of HR 3970: The Tax Reduction and Reform Act of 2007 against pre-EGTRRA baseline

October 25, 2007
Federal Budget and Economy

2008 distribution of federal tax change by cash income percentile under the major individual income tax provisions of HR 3970: The Tax Reduction and Reform Act of 2007 against pre-EGTRRA baseline

October 25, 2007
Federal Budget and Economy

2010 distribution of federal tax change under the major individual income tax provisions of HR 3970: The Tax Reduction and Reform Act of 2007 by cash income class

October 25, 2007
Federal Budget and Economy

2011 distribution of federal tax change under the major individual income tax provisions of HR 3970: The Tax Reduction and Reform Act of 2007 by cash income percentile

October 25, 2007
Federal Budget and Economy

2011 distribution of federal tax change under the major individual income tax provisions of HR 3970: The Tax Reduction and Reform Act of 2007 by cash income level

October 25, 2007
Federal Budget and Economy: Alternative Minimum Tax

2011 distribution of federal tax change under the major individual income tax provisions of HR 3970: The Tax Reduction and Reform Act of 2007 by cash income percentile

October 25, 2007
Federal Budget and Economy

2017 distribution of federal tax change under the major individual income tax provisions of HR 3970: The Tax Reduction and Reform Act of 2007 by cash income level

October 25, 2007
Federal Budget and Economy

2017 distribution of federal tax change under the major individual income tax provisions of HR 3970: The Tax Reduction and Reform Act of 2007 by cash income percentile

October 25, 2007
Federal Budget and Economy: Alternative Minimum Tax

2008 Distribution of tax units by cash income level by the change in the marginal tax rate on their wages resulting from HR 3970, The Tax Reduction and Reform Act of 2007

October 28, 2007
Federal Budget and Economy: Alternative Minimum Tax

2008 Distribution of tax units by cash income level by the change in the marginal tax rate on their capital gains resulting from HR 3970, The Tax Reduction and Reform Act of 2007

October 28, 2007
Federal Budget and Economy: Earned Income Tax Credit

2008-17 Static impact on individual income tax liability for the earned income tax credit provisions in H.R. 3970, The Tax Reduction and Reform Act of 2007. EITC provisions in the bill increase the phase-in and phase-out rates for the childless EITC to 15.3 percent and increase the phase-out threshold for the childless EITC to $10,900 in 2008 (indexed for inflation). Addenda show the number of childless EITC claimants under three different scenarios.

November 5, 2007