T19-0037 - Surtax on Adjusted Gross Income (AGI) Options; Baseline: Current Law; Impact on Tax Revenue ($ billions), 2019-29

Model Estimate

t19-0037r.xlsx

(19.21484375 KB)

September 23, 2019

Table shows the effect on federal tax revenue of options to impose a surtax on adjusted gross income (AGI).

Model Estimates Type

Revenue Tables

Primary topic

Individual Taxes

Topics

High-income households

Income tax (individual)

Tax rates

Model Estimates from the same Simulation Run September 23, 2019

Model Estimate

T19-0049 - 10 Percent Surtax on Adjusted Gross Income (AGI) in Excess of $2 Million Married ($1 Million Single); Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2029

Model Estimate

T19-0048 - 10 Percent Surtax on Adjusted Gross Income (AGI) in Excess of $2 Million Married ($1 Million Single); Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020

Model Estimate

T19-0047 - 10 Percent Surtax on Adjusted Gross Income (AGI) in Excess of $2 Million Married ($1 Million Single); Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2020

Model Estimate

T19-0050 - 10 Percent Surtax on Adjusted Gross Income (AGI) in Excess of $2 Million Married ($1 Million Single); Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2029