12‐Dec‐11
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Click on PDF or Excel link above for additional tables containing more detail and breakdowns by filing status and demographic groups.
Table T11‐0399
The Gingrich Tax Plan
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile, 2015 1
Summary Table
Tax Units with Tax Increase or Cut 4
Cash Income Percentile
2,3
With Tax Cut
Pct of Tax Units
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Avg Tax Cut
With Tax Increase
Avg Tax Increase
Pct of Tax Units
Percent Change in After‐Tax Income5
Share of Total Federal Tax Change
Average Federal Tax Change ($)
Average Federal Tax Rate 6
Change (% Points)
Under the Proposal
44.5
87.0
97.9
99.5
99.9
81.8
‐649
‐1,355
‐2,569
‐5,884
‐40,072
‐9,346
0.0
0.0
0.0
0.0
0.0
0.0
0
0
0
0
0
0
2.6
4.3
5.4
7.7
18.5
12.3
1.0
3.5
6.5
12.7
76.1
100.0
‐289
‐1,178
‐2,490
‐5,807
‐39,400
‐7,537
‐2.5
‐3.8
‐4.4
‐6.0
‐13.1
‐9.4
1.4
7.8
13.7
16.2
16.2
14.6
99.9
99.9
100.0
100.0
100.0
‐10,887
‐17,725
‐41,902
‐428,357
‐2,317,130
0.0
0.0
0.0
0.0
0.0
0
0
0
0
0
9.5
11.2
15.2
33.6
44.2
10.4
8.3
15.8
41.6
23.2
‐10,745
‐17,516
‐40,796
‐422,298
‐2,292,661
‐7.1
‐8.2
‐10.9
‐22.0
‐27.4
18.1
18.2
17.5
12.5
10.5
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Source: Urban‐Brookings Tax Policy Center Microsimulation Model (version 0411‐2).
Number of AMT Taxpayers (millions). Baseline: 27.0 Proposal: 0.3
* Less than 0.05
** Insufficient data
(1) Calendar year. Baseline is current law. Proposal implements the Gingrich tax plan. For a detailed description of TPC's interpretation of the plan, see http://taxpolicycenter.org/taxtopics/Gingrich‐
plan.cfm. For a description of TPC's current law and current policy baselines, see http://www.taxpolicycenter.org/T11‐0270
(2) Tax units with negative cash income are excluded from the lowest income class but are included in the totals. For a description of cash income, see http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The cash income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The breaks are (in 2011
dollars): 20% $19,342; 40% $39,862; 60% $69,074; 80% $119,546; 90% $169,987; 95% $242,597; 99% $629,809; 99.9% $2,868,534.
(4) Includes both filing and non‐filing units but excludes those that are dependents of other tax units.
(5) After‐tax income is cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); and estate tax.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, and the estate tax) as a percentage of average cash income. 12‐Dec‐11
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T11‐0399
The Gingrich Tax Plan
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile, 2015 1
Detail Table
Percent of Tax Units4
Cash Income Percentile2,3
With Tax Cut
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
With Tax Increase
Percent Change in After‐Tax Income5
Share of Total Federal Tax Change
Average Federal Tax Change
Dollars
Percent
Share of Federal Taxes
Change (% Points)
Under the Proposal
Average Federal Tax Rate6
Change (% Points)
Under the Proposal
44.5
87.0
97.9
99.5
99.9
81.8
0.0
0.0
0.0
0.0
0.0
0.0
2.6
4.3
5.4
7.7
18.5
12.3
1.0
3.5
6.5
12.7
76.1
100.0
‐289
‐1,178
‐2,490
‐5,807
‐39,400
‐7,537
‐64.0
‐32.9
‐24.4
‐26.9
‐44.8
‐39.0
‐0.3
0.4
2.5
3.6
‐6.3
0.0
0.4
4.6
12.9
22.0
60.1
100.0
‐2.5
‐3.8
‐4.4
‐6.0
‐13.1
‐9.4
1.4
7.8
13.7
16.2
16.2
14.6
99.9
99.9
100.0
100.0
100.0
0.0
0.0
0.0
0.0
0.0
9.5
11.2
15.2
33.6
44.2
10.4
8.3
15.8
41.6
23.2
‐10,745
‐17,516
‐40,796
‐422,298
‐2,292,661
‐28.3
‐31.1
‐38.4
‐63.7
‐72.3
2.5
1.4
0.2
‐10.3
‐6.8
16.9
11.8
16.3
15.1
5.7
‐7.1
‐8.2
‐10.9
‐22.0
‐27.4
18.1
18.2
17.5
12.5
10.5
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Baseline Distribution of Income and Federal Taxes
by Cash Income Percentile, 2015 1
Tax Units4
Pre‐Tax Income
Federal Tax Burden
5
After‐Tax Income 2,3
Cash Income Percentile
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Number (thousands)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average Federal Tax Rate 6
43,801
38,297
33,246
27,764
24,598
168,946
25.9
22.7
19.7
16.4
14.6
100.0
11,368
30,850
56,491
97,100
301,089
80,584
3.7
8.7
13.8
19.8
54.4
100.0
451
3,580
10,200
21,571
88,046
19,325
0.6
4.2
10.4
18.3
66.3
100.0
10,917
27,270
46,291
75,529
213,043
61,258
4.6
10.1
14.9
20.3
50.6
100.0
4.0
11.6
18.1
22.2
29.2
24.0
12,369
6,040
4,936
1,253
129
7.3
3.6
2.9
0.7
0.1
150,582
213,273
375,241
1,918,232
8,360,965
13.7
9.5
13.6
17.7
7.9
37,990
56,407
106,392
662,489
3,172,325
14.4
10.4
16.1
25.4
12.5
112,592
156,866
268,850
1,255,743
5,188,640
13.5
9.2
12.8
15.2
6.5
25.2
26.5
28.4
34.5
37.9
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Source: Urban‐Brookings Tax Policy Center Microsimulation Model (version 0411‐2).
Number of AMT Taxpayers (millions). Baseline: 27.0 Proposal: 0.3
* Less than 0.05
(1) Calendar year. Baseline is current law. Proposal implements the Gingrich tax plan. For a detailed description of TPC's interpretation of the plan, see http://taxpolicycenter.org/taxtopics/Gingrich‐plan.cfm. For a description of TPC's current law and current policy baselines, see http://www.taxpolicycenter.org/T11‐0270
(2) Tax units with negative cash income are excluded from the lowest income class but are included in the totals. For a description of cash income, see
http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The cash income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The breaks are (in 2011 dollars): 20% $19,342; 40% $39,862; 60% $69,074; 80% $119,546; 90% $169,987; 95% $242,597; 99% $629,809; 99.9% $2,868,534.
(4) Includes both filing and non‐filing units but excludes those that are dependents of other tax units.
(5) After‐tax income is cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); and estate tax.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, and the estate tax) as a percentage of average cash income. 12‐Dec‐11
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T11‐0399
The Gingrich Tax Plan
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile Adjusted for Family Size, 2015 1
Detail Table
Percent of Tax Units4
Cash Income Percentile2,3
With Tax Cut
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
With Tax Increase
Percent Change in After‐Tax Income5
Share of Total Federal Tax Change
Average Federal Tax Change
Dollars
Percent
Share of Federal Taxes
Change (% Points)
Under the Proposal
Average Federal Tax Rate6
Change (% Points)
Under the Proposal
45.1
76.7
95.1
99.4
99.7
81.8
0.0
0.0
0.0
0.0
0.0
0.0
4.2
4.6
5.4
6.8
17.6
12.3
1.3
3.2
5.9
11.0
78.5
100.0
‐439
‐1,138
‐2,233
‐4,509
‐31,839
‐7,537
‐250.8
‐39.8
‐27.2
‐24.6
‐43.3
‐39.0
‐0.7
0.0
1.6
4.1
‐5.0
0.0
‐0.5
3.0
10.1
21.6
65.7
100.0
‐4.1
‐4.1
‐4.5
‐5.3
‐12.5
‐9.4
‐2.5
6.2
12.0
16.3
16.4
14.6
99.6
99.7
99.9
100.0
100.0
0.0
0.0
0.0
0.0
0.0
8.7
10.3
14.2
33.3
44.2
10.4
8.7
16.1
43.4
24.2
‐8,427
‐13,892
‐32,892
‐364,961
‐2,035,705
‐26.4
‐29.0
‐36.6
‐63.8
‐72.3
3.2
1.9
0.7
‐10.8
‐7.1
18.5
13.5
17.9
15.7
5.9
‐6.6
‐7.6
‐10.3
‐21.9
‐27.4
18.2
18.7
17.8
12.4
10.5
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Baseline Distribution of Income and Federal Taxes
by Cash Income Percentile Adjusted for Family Size, 2015 1
Tax Units4
Pre‐Tax Income
Federal Tax Burden
5
After‐Tax Income 2,3
Cash Income Percentile
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Number (thousands)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average Federal Tax Rate 6
36,457
35,217
33,605
31,021
31,406
168,946
21.6
20.9
19.9
18.4
18.6
100.0
10,602
27,635
49,901
84,761
254,525
80,584
2.8
7.2
12.3
19.3
58.7
100.0
175
2,857
8,210
18,362
73,494
19,325
0.2
3.1
8.5
17.5
70.7
100.0
10,427
24,777
41,691
66,399
181,032
61,258
3.7
8.4
13.5
19.9
54.9
100.0
1.7
10.3
16.5
21.7
28.9
24.0
15,725
7,925
6,244
1,512
151
9.3
4.7
3.7
0.9
0.1
128,613
182,258
320,925
1,668,229
7,425,020
14.9
10.6
14.7
18.5
8.3
31,882
47,894
89,994
572,160
2,816,378
15.4
11.6
17.2
26.5
13.1
96,731
134,363
230,931
1,096,069
4,608,642
14.7
10.3
13.9
16.0
6.7
24.8
26.3
28.0
34.3
37.9
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Source: Urban‐Brookings Tax Policy Center Microsimulation Model (version 0411‐2).
Number of AMT Taxpayers (millions). Baseline: 27.0 Proposal: 0.3
* Less than 0.05
(1) Calendar year. Baseline is current law. Proposal implements the Gingrich tax plan. For a detailed description of TPC's interpretation of the plan, see http://taxpolicycenter.org/taxtopics/Gingrich‐plan.cfm. For a description of TPC's current law and current policy baselines, see http://www.taxpolicycenter.org/T11‐0270
(2) Tax units with negative cash income are excluded from the lowest income class but are included in the totals. For a description of cash income, see http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The cash income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The incomes used are adjusted for family size
by dividing by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2011 dollars): 20% $13,687; 40% $26,567; 60% $44,163; 80% $72,423; 90% $104,181; 95% $147,975; 99% $384,375; 99.9% $1,764,281.
(4) Includes both filing and non‐filing units but excludes those that are dependents of other tax units.
(5) After‐tax income is cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); and estate tax.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, and the estate tax) as a percentage of average cash income. 12‐Dec‐11
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T11‐0399
The Gingrich Tax Plan
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile Adjusted for Family Size, 2015 1
Detail Table ‐ Single Tax Units
Percent of Tax Units4
Cash Income Percentile2,3
With Tax Cut
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
With Tax Increase
Percent Change in After‐Tax Income5
Share of Total Federal Tax Change
Average Federal Tax Change
Dollars
Percent
Share of Federal Taxes
Change (% Points)
Under the Proposal
Average Federal Tax Rate6
Change (% Points)
Under the Proposal
32.0
65.3
93.3
99.1
99.3
70.2
0.0
0.0
0.0
0.0
0.0
0.0
1.9
2.2
3.7
5.6
18.7
10.1
1.3
3.0
6.5
11.1
77.9
100.0
‐152
‐432
‐1,150
‐2,621
‐21,973
‐3,454
‐31.4
‐21.4
‐18.9
‐19.3
‐44.1
‐34.8
0.1
1.0
3.0
4.8
‐8.8
0.0
1.5
5.9
15.0
24.8
52.7
100.0
‐1.8
‐2.0
‐3.1
‐4.3
‐13.1
‐7.8
4.0
7.5
13.2
18.0
16.6
14.6
99.1
99.2
100.0
100.0
100.0
0.0
0.0
0.0
0.0
0.0
9.2
10.7
16.6
40.1
52.5
11.6
9.1
17.9
39.2
20.4
‐6,310
‐10,222
‐26,759
‐286,007
‐1,668,344
‐26.5
‐28.5
‐41.6
‐68.3
‐75.2
2.0
1.1
‐1.6
‐10.3
‐5.9
17.2
12.3
13.5
9.7
3.6
‐6.8
‐7.8
‐11.9
‐25.3
‐30.9
18.9
19.5
16.7
11.7
10.2
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Baseline Distribution of Income and Federal Taxes
by Cash Income Percentile Adjusted for Family Size, 2015 1
Tax Units4
Pre‐Tax Income
Federal Tax Burden
5
After‐Tax Income 2,3
Cash Income Percentile
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Number (thousands)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average Federal Tax Rate 6
23,196
19,667
15,891
11,931
9,954
81,336
28.5
24.2
19.5
14.7
12.2
100.0
8,395
21,310
37,519
60,761
167,534
44,116
5.4
11.7
16.6
20.2
46.5
100.0
485
2,020
6,100
13,554
49,782
9,914
1.4
4.9
12.0
20.1
61.5
100.0
7,910
19,290
31,419
47,206
117,753
34,202
6.6
13.6
18.0
20.3
42.1
100.0
5.8
9.5
16.3
22.3
29.7
22.5
5,175
2,512
1,882
385
34
6.4
3.1
2.3
0.5
0.0
92,340
131,560
225,150
1,132,088
5,399,109
13.3
9.2
11.8
12.1
5.2
23,776
35,882
64,386
418,934
2,219,627
15.3
11.2
15.0
20.0
9.5
68,565
95,679
160,764
713,155
3,179,482
12.8
8.6
10.9
9.9
3.9
25.8
27.3
28.6
37.0
41.1
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Source: Urban‐Brookings Tax Policy Center Microsimulation Model (version 0411‐2).
* Less than 0.05
(1) Calendar year. Baseline is current law. Proposal implements the Gingrich tax plan. For a detailed description of TPC's interpretation of the plan, see http://taxpolicycenter.org/taxtopics/Gingrich‐plan.cfm. For a description of TPC's current law and current policy baselines, see http://www.taxpolicycenter.org/T11‐0270
(2) Tax units with negative cash income are excluded from the lowest income class but are included in the totals. For a description of cash income, see http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The cash income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The incomes used are adjusted for family size
by dividing by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2011 dollars): 20% $13,687; 40% $26,567; 60% $44,163; 80% $72,423; 90% $104,181; 95% $147,975; 99% $384,375; 99.9% $1,764,281.
(4) Includes both filing and non‐filing units but excludes those that are dependents of other tax units.
(5) After‐tax income is cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); and estate tax.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, and the estate tax) as a percentage of average cash income. 12‐Dec‐11
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T11‐0399
The Gingrich Tax Plan
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile Adjusted for Family Size, 2015 1
Detail Table ‐ Married Tax Units Filing Jointly
Percent of Tax Units4
Cash Income Percentile2,3
With Tax Cut
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
With Tax Increase
Percent Change in After‐Tax Income5
Share of Total Federal Tax Change
Average Federal Tax Change
Dollars
Percent
Share of Federal Taxes
Change (% Points)
Under the Proposal
Average Federal Tax Rate6
Change (% Points)
Under the Proposal
65.2
86.9
96.0
99.6
99.9
94.7
0.0
0.0
0.0
0.0
0.0
0.0
7.4
6.6
6.2
7.3
17.3
13.8
0.6
1.8
4.5
10.5
82.5
100.0
‐1,143
‐2,262
‐3,375
‐6,007
‐37,310
‐15,094
‐426.3
‐49.3
‐33.3
‐27.3
‐43.1
‐40.4
‐0.4
‐0.2
0.7
3.4
‐3.5
0.0
‐0.3
1.2
6.2
19.1
73.8
100.0
‐7.3
‐5.8
‐5.2
‐5.8
‐12.3
‐10.3
‐5.6
6.0
10.5
15.4
16.3
15.2
99.9
99.9
99.9
100.0
100.0
0.0
0.0
0.0
0.0
0.0
8.6
10.3
13.6
31.7
42.4
10.3
9.1
16.6
46.5
26.0
‐9,748
‐15,890
‐36,087
‐387,873
‐2,129,361
‐26.7
‐29.3
‐35.1
‐62.5
‐71.5
3.6
2.3
1.7
‐11.1
‐7.7
19.3
14.8
20.7
18.9
7.0
‐6.5
‐7.6
‐9.8
‐21.0
‐26.6
17.9
18.4
18.1
12.6
10.6
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Baseline Distribution of Income and Federal Taxes
by Cash Income Percentile Adjusted for Family Size, 2015 1
Tax Units4
Pre‐Tax Income
Federal Tax Burden
5
After‐Tax Income 2,3
Cash Income Percentile
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Number (thousands)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average Federal Tax Rate 6
4,463
6,865
11,932
15,574
19,635
58,870
7.6
11.7
20.3
26.5
33.4
100.0
15,631
39,057
64,653
104,032
302,339
146,762
0.8
3.1
8.9
18.8
68.7
100.0
268
4,589
10,149
22,040
86,545
37,356
0.1
1.4
5.5
15.6
77.3
100.0
15,363
34,468
54,504
81,992
215,794
109,406
1.1
3.7
10.1
19.8
65.8
100.0
1.7
11.8
15.7
21.2
28.6
25.5
9,415
5,079
4,077
1,065
108
16.0
8.6
6.9
1.8
0.2
149,979
208,633
367,942
1,845,234
7,994,782
16.3
12.3
17.4
22.7
10.0
36,583
54,169
102,760
620,630
2,977,692
15.7
12.5
19.1
30.1
14.7
113,396
154,464
265,182
1,224,604
5,017,089
16.6
12.2
16.8
20.2
8.4
24.4
26.0
27.9
33.6
37.3
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Source: Urban‐Brookings Tax Policy Center Microsimulation Model (version 0411‐2).
* Less than 0.05
(1) Calendar year. Baseline is current law. Proposal implements the Gingrich tax plan. For a detailed description of TPC's interpretation of the plan, see http://taxpolicycenter.org/taxtopics/Gingrich‐plan.cfm. For a description of TPC's current law and current policy baselines, see http://www.taxpolicycenter.org/T11‐0270
(2) Tax units with negative cash income are excluded from the lowest income class but are included in the totals. For a description of cash income, see http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The cash income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The incomes used are adjusted for family size
by dividing by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2011 dollars): 20% $13,687; 40% $26,567; 60% $44,163; 80% $72,423; 90% $104,181; 95% $147,975; 99% $384,375; 99.9% $1,764,281.
(4) Includes both filing and non‐filing units but excludes those that are dependents of other tax units.
(5) After‐tax income is cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); and estate tax.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, and the estate tax) as a percentage of average cash income. 12‐Dec‐11
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T11‐0399
The Gingrich Tax Plan
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile Adjusted for Family Size, 2015 1
Detail Table ‐ Head of Household Tax Units
Percent of Tax Units4
Cash Income Percentile2,3
With Tax Cut
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
With Tax Increase
Percent Change in After‐Tax Income5
Share of Total Federal Tax Change
Average Federal Tax Change
Dollars
Percent
Share of Federal Taxes
Change (% Points)
Under the Proposal
Average Federal Tax Rate6
Change (% Points)
Under the Proposal
69.8
94.4
98.1
99.5
99.4
87.7
0.0
0.0
0.0
0.0
0.0
0.0
5.8
6.2
6.6
6.8
13.7
7.8
9.6
20.4
19.6
16.8
33.5
100.0
‐851
‐1,870
‐2,943
‐4,400
‐19,366
‐2,896
113.4
‐56.5
‐29.1
‐23.4
‐36.0
‐38.5
‐8.1
‐4.1
3.9
6.8
1.4
0.0
‐11.3
9.8
29.8
34.5
37.2
100.0
‐6.1
‐5.6
‐5.4
‐5.3
‐9.9
‐6.5
‐11.5
4.3
13.0
17.2
17.7
10.4
99.4
98.8
100.0
100.0
100.0
0.0
0.0
0.0
0.0
0.0
8.2
9.1
12.4
31.8
44.3
8.5
3.6
6.9
14.5
7.9
‐7,611
‐11,583
‐26,648
‐313,801
‐1,978,395
‐24.1
‐26.0
‐34.2
‐60.8
‐71.8
3.1
1.1
0.5
‐3.3
‐2.3
16.6
6.5
8.2
5.8
1.9
‐6.1
‐6.8
‐9.1
‐20.9
‐27.4
19.3
19.2
17.5
13.5
10.8
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Baseline Distribution of Income and Federal Taxes
by Cash Income Percentile Adjusted for Family Size, 2015 1
Tax Units4
Pre‐Tax Income
Federal Tax Burden
5
After‐Tax Income 2,3
Cash Income Percentile
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Number (thousands)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average Federal Tax Rate 6
8,554
8,234
5,041
2,893
1,307
26,121
32.8
31.5
19.3
11.1
5.0
100.0
13,984
33,302
54,971
83,770
194,776
44,620
10.3
23.5
23.8
20.8
21.8
100.0
‐750
3,310
10,107
18,823
53,798
7,531
‐3.3
13.9
25.9
27.7
35.7
100.0
14,734
29,992
44,864
64,947
140,978
37,089
13.0
25.5
23.4
19.4
19.0
100.0
‐5.4
9.9
18.4
22.5
27.6
16.9
840
238
194
35
3
3.2
0.9
0.7
0.1
0.0
124,047
171,264
293,736
1,501,783
7,219,902
8.9
3.5
4.9
4.5
1.9
31,567
44,531
77,988
515,740
2,755,009
13.5
5.4
7.7
9.2
4.2
92,479
126,733
215,748
986,043
4,464,893
8.0
3.1
4.3
3.6
1.4
25.5
26.0
26.6
34.3
38.2
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Source: Urban‐Brookings Tax Policy Center Microsimulation Model (version 0411‐2).
* Less than 0.05
(1) Calendar year. Baseline is current law. Proposal implements the Gingrich tax plan. For a detailed description of TPC's interpretation of the plan, see http://taxpolicycenter.org/taxtopics/Gingrich‐plan.cfm. For a description of TPC's current law and current policy baselines, see http://www.taxpolicycenter.org/T11‐0270
(2) Tax units with negative cash income are excluded from the lowest income class but are included in the totals. For a description of cash income, see http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The cash income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The incomes used are adjusted for family size
by dividing by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2011 dollars): 20% $13,687; 40% $26,567; 60% $44,163; 80% $72,423; 90% $104,181; 95% $147,975; 99% $384,375; 99.9% $1,764,281.
(4) Includes both filing and non‐filing units but excludes those that are dependents of other tax units.
(5) After‐tax income is cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); and estate tax.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, and the estate tax) as a percentage of average cash income. 12‐Dec‐11
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T11‐0399
The Gingrich Tax Plan
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile Adjusted for Family Size, 2015 1
Detail Table ‐ Tax Units with Children
Percent of Tax Units4
Cash Income Percentile2,3
With Tax Cut
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
With Tax Increase
Percent Change in After‐Tax Income5
Share of Total Federal Tax Change
Average Federal Tax Change
Dollars
Percent
Share of Federal Taxes
Change (% Points)
Under the Proposal
Average Federal Tax Rate6
Change (% Points)
Under the Proposal
77.1
98.3
99.5
100.0
100.0
94.7
0.0
0.0
0.0
0.0
0.0
0.0
7.5
7.6
8.1
8.9
17.4
12.9
2.5
5.6
9.0
15.6
67.2
100.0
‐1,192
‐2,558
‐4,435
‐7,690
‐40,152
‐9,973
117.0
‐61.9
‐34.4
‐28.9
‐40.8
‐39.7
‐2.2
‐1.3
0.9
3.8
‐1.2
0.0
‐3.0
2.3
11.3
25.2
64.2
100.0
‐8.0
‐6.7
‐6.6
‐6.8
‐12.2
‐9.7
‐14.8
4.2
12.5
16.7
17.7
14.8
100.0
100.0
100.0
100.0
100.0
0.0
0.0
0.0
0.0
0.0
9.7
10.7
13.8
33.4
43.7
10.9
7.6
13.5
35.2
19.0
‐12,300
‐19,146
‐42,389
‐470,086
‐2,707,556
‐27.4
‐28.5
‐33.4
‐60.8
‐70.5
3.2
2.0
1.7
‐8.0
‐5.5
19.0
12.6
17.6
15.0
5.2
‐7.2
‐7.8
‐9.8
‐21.5
‐27.0
19.0
19.5
19.4
13.9
11.3
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Baseline Distribution of Income and Federal Taxes
by Cash Income Percentile Adjusted for Family Size, 2015 1
Tax Units4
Pre‐Tax Income
Federal Tax Burden
5
After‐Tax Income 2,3
Cash Income Percentile
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Number (thousands)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average Federal Tax Rate 6
10,299
10,995
10,131
10,153
8,372
50,185
20.5
21.9
20.2
20.2
16.7
100.0
14,919
37,962
67,712
112,761
329,225
102,460
3.0
8.1
13.3
22.3
53.6
100.0
‐1,019
4,132
12,882
26,568
98,408
25,118
‐0.8
3.6
10.4
21.4
65.4
100.0
15,939
33,830
54,830
86,193
230,817
77,343
4.2
9.6
14.3
22.6
49.8
100.0
‐6.8
10.9
19.0
23.6
29.9
24.5
4,416
1,992
1,588
375
35
8.8
4.0
3.2
0.8
0.1
171,499
245,849
434,482
2,183,049
10,034,824
14.7
9.5
13.4
15.9
6.9
44,910
67,183
126,794
773,801
3,840,320
15.7
10.6
16.0
23.0
10.7
126,589
178,666
307,688
1,409,247
6,194,504
14.4
9.2
12.6
13.6
5.6
26.2
27.3
29.2
35.5
38.3
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Source: Urban‐Brookings Tax Policy Center Microsimulation Model (version 0411‐2).
* Less than 0.05
Note: Tax units with children are those claiming an exemption for children at home or away from home.
(1) Calendar year. Baseline is current law. Proposal implements the Gingrich tax plan. For a detailed description of TPC's interpretation of the plan, see http://taxpolicycenter.org/taxtopics/Gingrich‐plan.cfm. For a description of TPC's current law and current policy baselines, see http://www.taxpolicycenter.org/T11‐0270
(2) Tax units with negative cash income are excluded from the lowest income class but are included in the totals. For a description of cash income, see http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The cash income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The incomes used are adjusted for family size
by dividing by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2011 dollars): 20% $13,687; 40% $26,567; 60% $44,163; 80% $72,423; 90% $104,181; 95% $147,975; 99% $384,375; 99.9% $1,764,281.
(4) Includes both filing and non‐filing units but excludes those that are dependents of other tax units.
(5) After‐tax income is cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); and estate tax.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, and the estate tax) as a percentage of average cash income. 12‐Dec‐11
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T11‐0399
The Gingrich Tax Plan
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile Adjusted for Family Size, 2015 1
Detail Table ‐ Elderly Tax Units
Percent of Tax Units4
Cash Income Percentile2,3
With Tax Cut
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
With Tax Increase
Percent Change in After‐Tax Income5
Share of Total Federal Tax Change
Average Federal Tax Change
Dollars
Percent
Share of Federal Taxes
Change (% Points)
Under the Proposal
Average Federal Tax Rate6
Change (% Points)
Under the Proposal
18.2
44.5
88.6
99.0
99.6
68.8
0.0
0.0
0.0
0.0
0.0
0.0
0.4
1.0
3.4
6.7
24.1
15.2
0.1
0.6
3.4
7.7
88.2
100.0
‐43
‐232
‐1,417
‐4,458
‐45,815
‐9,477
‐50.7
‐52.7
‐47.8
‐41.5
‐62.4
‐59.4
0.0
0.1
1.2
4.9
‐6.2
0.0
0.1
0.8
5.4
15.9
77.8
100.0
‐0.4
‐1.0
‐3.2
‐5.8
‐17.4
‐12.1
0.4
0.9
3.5
8.2
10.5
8.3
99.4
99.5
100.0
100.0
100.0
0.0
0.0
0.0
0.0
0.0
11.0
15.0
20.9
39.7
49.1
9.1
9.3
20.1
49.7
25.9
‐10,411
‐19,314
‐45,416
‐384,238
‐1,990,862
‐45.8
‐51.0
‐57.2
‐72.8
‐77.0
3.9
2.2
1.1
‐13.4
‐8.7
15.6
13.1
22.0
27.1
11.3
‐8.9
‐11.6
‐15.3
‐25.7
‐30.0
10.5
11.1
11.5
9.6
9.0
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Baseline Distribution of Income and Federal Taxes
by Cash Income Percentile Adjusted for Family Size, 2015 1
Tax Units4
Pre‐Tax Income
Federal Tax Burden
5
After‐Tax Income 2,3
Cash Income Percentile
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Number (thousands)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average (dollars)
Percent of Total
Average Federal Tax Rate 6
6,748
9,924
8,724
6,359
7,090
38,882
17.4
25.5
22.4
16.4
18.2
100.0
10,638
22,647
44,646
77,029
263,589
78,233
2.4
7.4
12.8
16.1
61.4
100.0
84
439
2,966
10,755
73,479
15,963
0.1
0.7
4.2
11.0
83.9
100.0
10,554
22,207
41,680
66,274
190,111
62,270
2.9
9.1
15.0
17.4
55.7
100.0
0.8
1.9
6.6
14.0
27.9
20.4
3,205
1,775
1,634
476
48
8.2
4.6
4.2
1.2
0.1
117,227
166,728
296,750
1,495,891
6,639,891
12.4
9.7
15.9
23.4
10.5
22,710
37,867
79,399
527,576
2,585,194
11.7
10.8
20.9
40.5
19.9
94,516
128,860
217,351
968,314
4,054,697
12.5
9.5
14.7
19.1
8.0
19.4
22.7
26.8
35.3
38.9
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
Source: Urban‐Brookings Tax Policy Center Microsimulation Model (version 0411‐2).
* Less than 0.05
Note: Elderly tax units are those with either head or spouse (if filing jointly) age 65 or older.
(1) Calendar year. Baseline is current law. Proposal implements the Gingrich tax plan. For a detailed description of TPC's interpretation of the plan, see http://taxpolicycenter.org/taxtopics/Gingrich‐plan.cfm. For a description of TPC's current law and current policy baselines, see http://www.taxpolicycenter.org/T11‐0270
(2) Tax units with negative cash income are excluded from the lowest income class but are included in the totals. For a description of cash income, see http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The cash income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The incomes used are adjusted for family size
by dividing by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2011 dollars): 20% $13,687; 40% $26,567; 60% $44,163; 80% $72,423; 90% $104,181; 95% $147,975; 99% $384,375; 99.9% $1,764,281.
(4) Includes both filing and non‐filing units but excludes those that are dependents of other tax units.
(5) After‐tax income is cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); and estate tax.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, and the estate tax) as a percentage of average cash income.