Tax Policy Center

PEP and Pease Options

Federal Budget and Economy: Repeal Elements of 2001 and 2003 Tax Acts

2007-16 Impact on tax liability and revenue of freezing the repeal of the personal exemption phase-out and the limitation on itemized deductions at their 2006 levels

December 7, 2006
Federal Budget and Economy: Marginal Tax Rates

2006 Distribution of federal tax change by cash income class of the partial repeal of the personal exemption phase-out and the limitation on itemized deductions in place for 2006

December 7, 2006
Federal Budget and Economy: Marginal Tax Rates

2006 Distribution of federal tax change by cash income percentile of the partial repeal of the personal exemption phase-out and the limitation on itemized deductions in place for 2006

December 7, 2006
Federal Budget and Economy: Repeal Elements of 2001 and 2003 Tax Acts

2010 Distribution of federal tax change by cash income class if the repeal of the personal exemption phase-out and the limitation on itemized deductions are frozen at 2006 levels (one-third repeal of the phase-outs) against a baseline including extension and indexation of current AMT relief

December 7, 2006
Federal Budget and Economy: Repeal Elements of 2001 and 2003 Tax Acts

2010 Distribution of federal tax change by cash income percentile if the repeal of the personal exemption phase-out and the limitation on itemized deductions are frozen at 2006 levels (one-third repeal of the phase-outs) against a baseline including extension and indexation of current AMT relief

December 7, 2006
Federal Budget and Economy: Revenue Raising Options

2010 Distribution of federal tax change by cash income class if the personal exemption phase-out and limitation on itemized deductions are permanently repealed and the revenue loss is financed by a proportional increase in the top two marginal rates against a baseline with no repeal

December 7, 2006
Federal Budget and Economy: Revenue Raising Options

2010 Distribution of federal tax change by cash income percentile if the personal exemption phase-out and limitation on itemized deductions are permanently repealed and the revenue loss is financed by a proportional increase in the top two marginal rates against a baseline with no repeal

December 7, 2006
Federal Budget and Economy: Revenue Raising Options

2010 Distribution of federal tax change by cash income class if the personal exemption phase-out and limitation on itemized deductions are permanently repealed and the revenue loss is financed by a proportional increase in the top two marginal rates against a baseline with no repeal and extension and indexation of current AMT relief

December 7, 2006
Federal Budget and Economy: Revenue Raising Options

2010 Distribution of federal tax change by cash income percentile if the personal exemption phase-out and limitation on itemized deductions are permanently repealed and the revenue loss is financed by a proportional increase in the top two marginal rates against a baseline with no repeal and extension and indexation of current AMT relief

December 7, 2006