Table shows the distributional effects by expanded cash income percentile of increasing the eligibility age for the 0 child credit from under 65 to under 67. Baseline is the law in place for 2018 as of 10/30/2018. For more information on TPC’s baseline definitions, see: http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
Table shows the distributional effects by expanded cash income level of increasing the age range for eligibility for the 0 child credit from 25-64 to 21-67. Baseline is the law in place for 2018 as of 10/30/2018. For more information on TPC’s baseline definitions, see: http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
Table shows the distributional effects by expanded cash income percentile of increasing the age range for eligibility for the 0 child credit from 25-64 to 21-67. Baseline is the law in place for 2018 as of 10/30/2018. For more information on TPC’s baseline definitions, see: http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
Table shows the tax benefits of the earned income tax credit under current law and the change in individual income tax revenues between 2018 and 2027 brought about by 4 options to expand the current no child earned income tax credit.
Impact on the distribution of federal tax burden relative to current law of repealing the Affordable Care Act's excise tax on high-cost health plans ("Cadillac tax"). Health insurance premiums are at post-Cadillac tax levels under the baseline and at pre-Cadillac tax levels under the proposal with taxable wages adjusting to keep total compensation fixed. This table shows the impact by income level for 2022. Baseline is the law in place for 2022 as of 10/29/2018.
Impact on the distribution of federal tax burden relative to current law of repealing the Affordable Care Act's excise tax on high-cost health plans ("Cadillac tax"). Health insurance premiums are at post-Cadillac tax levels under the baseline and at pre-Cadillac tax levels under the proposal with taxable wages adjusting to keep total compensation fixed. This table shows the impact by income percentile for 2022. Baseline is the law in place for 2022 as of 10/29/2018.
Impact on the distribution of federal tax burden relative to current law of repealing the Affordable Care Act's excise tax on high-cost health plans ("Cadillac tax"). Health insurance premiums are at post-Cadillac tax levels under the baseline and at pre-Cadillac tax levels under the proposal with taxable wages adjusting to keep total compensation fixed. This table shows the impact by income level for 2028. Baseline is the law in place for 2028 as of 10/29/2018.
Impact on the distribution of federal tax burden relative to current law of repealing the Affordable Care Act's excise tax on high-cost health plans ("Cadillac tax"). Health insurance premiums are at post-Cadillac tax levels under the baseline and at pre-Cadillac tax levels under the proposal with taxable wages adjusting to keep total compensation fixed. This table shows the impact by income percentile for 2028. Baseline is the law in place for 2028 as of 10/29/2018.
Distribution of the tax benefits of the preferential rates on long-term capital gains and qualified dividends, by income level under current law for 2017. Baseline is the law in place for 2017 as of 10/16/2018. For more information on TPC’s baseline definitions, see: http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
Distribution of the tax benefits of the preferential rates on long-term capital gains and qualified dividends, by income percentile under current law for 2017. Baseline is the law in place for 2017 as of 10/16/2018. For more information on TPC’s baseline definitions, see: http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm