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Distribution of the tax benefits of retirement savings incentives measured using a cash flow approach that compares current law with a proposal that would (a) repeal both after-tax contributions and tax deferral of contributions to IRAs, Keogh accounts, defined contribution plans and defined benefit retirement plans; and (b) repeal the saver's credit. Tax benefits for current year contributions are calculated as the present value of tax reductions relative to equivalent contributions to a taxable account. Table shows the benefit by income percentile under current law for 2017.
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T17-0128 - Tax Benefit of the Exclusion of Employer-Sponsored Health Benefits and Deduction for Self-Employed Health Insurance Premiums, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0129 - Tax Benefit of Certain Retirement Savings Incentives (Cash-flow Approach), Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0131 - Tax Benefit for the Deduction and Refund for State and Local Income and Sales Taxes, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0132 - Tax Benefit for the Deduction and Refund for State and Local Taxes, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0133 - Tax Benefit of the Deduction for Property Tax, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0134 - Tax Benefit of the Deduction for Home Mortgage Interest, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0135 - Tax Benefit of the Deductions for Home Mortgage Interest and Property Tax , Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0136 - Tax Benefit of the Deduction for Charitable Contributions by Expanded Cash Income Percentile, 2017
T17-0137 - Tax Benefit of the Preferential Rates on Long-Term Capital Gains and Qualified Dividends, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0138 - Repeal Preferential Rates and Portion of 3.8 Percent Surtax Applying to Long-Term Capital Gains and Qualified Dividends, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0139 - Repeal 3.8 Percent Surtax on Net Investment Income, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0140 - Tax Benefit of the Child Tax Credit, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0141 - Tax Benefit of the Child and Dependent Care Tax Credit, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0142 - Tax Benefit of the Earned Income Tax Credit, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0143 - Tax Benefit of the Child Tax Credit, Child and Dependent Care Tax Credit, and Earned Income Tax Credit, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0127 - Tax Benefit of the Partial Exclusion of Social Security Benefits, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0144 - Tax Benefit of Education credits and Deduction for Student Loan Interest, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017