Model Estimate Extend Certain Provisions of the Tax Cuts and Jobs Act, Tax Change as a Percentage of After-Tax Income by Expanded Cash Income Percentile, 2026 T24-0083.xlsx
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Table shows the change in the distribution of federal taxes, by expanded cash income percentile in 2026, of extending major individual provisions of the 2017 Tax Cuts and Jobs Act (TCJA). The table shows the change in taxes as a percentage of current law after-tax income for the following major provisions: reduced individual income tax rates; modifications to child tax credit; increase in standard deduction; repeal of deduction for personal exemptions; modifications to itemized deductions (including the "Pease" limit); increase in the individual alternative minimum tax exemption and exemption phase-out thresholds; 20 percent deduction for qualified business income. Results are shown for all provisions and each set of provisions separately.

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Image preview of Tax Policy Center table T24-0083, downloadable in .xls and .pdf formats.
Model Estimates Type Distribution Tables by Income Percentile
Primary topic Campaigns, Proposals, and Reforms
Topics Current legislative proposals Income tax (individual)
Model Estimate Resources