Thompson Tax Plan

Campaigns, Proposals, and Reforms: Alternative Minimum Tax

T07-0332 - Major Individual Income and Estate Tax Components of Former Sen. Fred Thompson's Tax Plan, Static Impact on Individual Income and Estate Tax Liability and Revenue ($ billions), 2009-18

2009-18 Static impact on individual income and estate tax liability and revenue for the major individual income and estate tax components of former Senator Fred Thompson's tax plan. Provisions extend the 2001-2006 tax cuts; repeal the individual alternative minimum tax (AMT); and allow taxpayers a choice between the current tax system and an alternative tax system with no itemized deductions or credits but larger standard deductions and personal exemptions and lower rates.

December 2, 2007

Campaigns, Proposals, and Reforms: Alternative Minimum Tax

T07-0333 - Major Individual Income and Estate Tax Components of Former Sen. Fred Thompson's Tax Plan, Distribution of Federal Tax Change by Cash Income Level, 2009

2009 Distribution of federal tax change by cash income level for the major individual income and estate tax components of former Senator Fred Thompson's tax plan. Provisions extend the 2001-2006 tax cuts; repeal the individual alternative minimum tax (AMT); and allow taxpayers a choice between the current tax system and an alternative tax system with no itemized deductions or credits but larger standard deductions and personal exemptions and lower rates.

December 2, 2007

Campaigns, Proposals, and Reforms: Alternative Minimum Tax

T07-0334 - Major Individual Income and Estate Tax Components of Former Sen. Fred Thompson's Tax Plan, Distribution of Federal Tax Change by Cash Income Percentile, 2009

2009 Distribution of federal tax change by cash income percentile for the major individual income and estate tax components of former Senator Fred Thompson's tax plan. Provisions extend the 2001-2006 tax cuts; repeal the individual alternative minimum tax (AMT); and allow taxpayers a choice between the current tax system and an alternative tax system with no itemized deductions or credits but larger standard deductions and personal exemptions and lower rates.

December 2, 2007

Campaigns, Proposals, and Reforms: Alternative Minimum Tax

T07-0335 - Major Individual Income and Estate Tax Components of Former Sen. Fred Thompson's Tax Plan, Distribution of Federal Tax Change by Cash Income Level, 2011

2011 Distribution of federal tax change by cash income level for the major individual income and estate tax components of former Senator Fred Thompson's tax plan. Provisions extend the 2001-2006 tax cuts; repeal the individual alternative minimum tax (AMT); and allow taxpayers a choice between the current tax system and an alternative tax system with no itemized deductions or credits but larger standard deductions and personal exemptions and lower rates.

December 2, 2007

Campaigns, Proposals, and Reforms: Alternative Minimum Tax

T07-0336 - Major Individual Income and Estate Tax Components of Former Sen. Fred Thompson's Tax Plan, Distribution of Federal Tax Change by Cash Income Percentile, 2011

2011 Distribution of federal tax change by cash income percentile for the major individual income and estate tax components of former Senator Fred Thompson's tax plan. Provisions extend the 2001-2006 tax cuts; repeal the individual alternative minimum tax (AMT); and allow taxpayers a choice between the current tax system and an alternative tax system with no itemized deductions or credits but larger standard deductions and personal exemptions and lower rates.

December 2, 2007

Campaigns, Proposals, and Reforms: Alternative Minimum Tax

T07-0337 - Major Ind. Income and Estate Tax Components of Former Sen. Fred Thompson's Tax Plan Against a Baseline with the 2001-2006 Tax Cuts Extended and a Permanent AMT Patch, Static Impact on Ind. Income and Estate Tax Liability and Revenue ($ billions), 2009-18

2009-18 Static impact on individual income and estate tax liability and revenue for the major individual income and estate tax components of former Senator Fred Thompson's tax plan against a baseline with the 2001-2006 tax cuts extended and a permanent AMT patch. Provisions repeal the individual alternative minimum tax (AMT) and allow taxpayers a choice between the current tax system and an alternative tax system with no itemized deductions or credits but larger standard deductions and personal exemptions and lower rates.

December 2, 2007

Campaigns, Proposals, and Reforms: Alternative Minimum Tax

T07-0338 - Major Individual Income and Estate Tax Components of Former Sen. Fred Thompson's Tax Plan, Impact on Individual Income and Estate Tax Revenue with Behavioral Response ($ billions), 2009-18

2009-18 Impact on individual income and estate tax revenue for the major individual income and estate tax components of former Senator Fred Thompson's tax plan with a behavioral response. Provisions extend the 2001-2006 tax cuts; repeal the individual alternative minimum tax (AMT); and allow taxpayers a choice between the current tax system and an alternative tax system with no itemized deductions or credits but larger standard deductions and personal exemptions and lower rates. Estimates incorporate an income elasticity (with respect to the net-of-tax rate) of 0.4.

December 3, 2007