Model Estimate T17-0130 - Tax Benefit of Certain Retirement Savings Incentives (Present-Value Approach), Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017 4_-_retirement_present_value_percentiles.xls
(273.5 KB)
Display Date

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.

Image
Model Estimates Type Distribution Tables by Percentile
Primary topic Individual Taxes
Topics Retirement Tax expenditures (individual)
Model Estimates from the same Simulation Run April 18, 2017
Model Estimate
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
Model Estimate
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
Model Estimate
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
Model Estimate
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
Model Estimate
T17-0133 - Tax Benefit of the Deduction for Property Tax, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
Model Estimate
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
Model Estimate
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
Model Estimate
T17-0136 - Tax Benefit of the Deduction for Charitable Contributions by Expanded Cash Income Percentile, 2017
Model Estimate
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
Model Estimate
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
Model Estimate
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
Model Estimate
T17-0140 - Tax Benefit of the Child Tax Credit, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
Model Estimate
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
Model Estimate
T17-0142 - Tax Benefit of the Earned Income Tax Credit, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
Model Estimate
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
Model Estimate
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
Model Estimate
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
Model Estimate Resources