14-Jul-09
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 T09-0348
America's Affordable Health Choices Act of 2009 Surcharge on High Income Individuals
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile, 2011 1
Summary Table
Percent of Tax Units 4
Cash Income Percentile
2,3
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 ($)
Average Federal Tax Rate 6
Change (%
Points)
Under the
Proposal
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.4
1.4
0.0
0.0
0.0
0.0
-1.0
-0.5
0.0
0.0
0.0
0.0
100.0
100.0
0
0
0
0
1,873
277
0.0
0.0
0.0
0.0
0.7
0.4
4.7
11.3
17.2
21.1
28.5
23.4
0.0
0.0
0.0
0.0
0.0
0.0
0.2
25.2
84.2
94.5
0.0
0.0
-0.1
-3.2
-5.6
0.0
0.0
1.9
98.1
77.0
0
0
175
35,939
279,493
0.0
0.0
0.1
2.2
3.6
24.0
25.8
27.4
34.4
39.0
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0509-2).
Number of AMT Taxpayers (millions). Baseline: 15.9
Proposal: 15.9
(1) Calendar year. Baseline is current law. Proposal is the surcharge on high income indivduals described in America's Affordable Health Choices Act of 2009. Tax
units pay a 1 percent tax on modified AGI between $350,000 and $500,000 for couples ($280,000 and $400,000 for others), a 1.5 percent tax on modified AGI between
$500,000 and $1,000,000 for couples ($400,000 and $800,000 for others), and a 5.4 percent tax on modified AGI exceeding $1,000,000 ($800,000 for others).
Modified AGI is AGI less any deduction for investment interest.
(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 2009 dollars): 20% $17,769, 40% $34,786, 60% $64,064, 80% $104,744, 90% $167,715, 95% $210,968, 99% $556,929, 99.9% $2,359,664.
(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.
14-Jul-09
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T09-0348
America's Affordable Health Choices Act of 2009 Surcharge on High Income Individuals
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile, 2011 1
Detail Table
Percent of Tax Units 4
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 Rate 6
Change (%
Points)
Under the
Proposal
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.4
1.4
0.0
0.0
0.0
0.0
-1.0
-0.5
0.0
0.0
0.0
0.0
100.0
100.0
0
0
0
0
1,873
277
0.0
0.0
0.0
0.0
2.5
1.7
0.0
-0.1
-0.2
-0.3
0.6
0.0
0.7
4.0
10.1
18.0
67.1
100.0
0.0
0.0
0.0
0.0
0.7
0.4
4.7
11.3
17.2
21.1
28.5
23.4
0.0
0.0
0.0
0.0
0.0
0.0
0.2
25.2
84.2
94.5
0.0
0.0
-0.1
-3.2
-5.6
0.0
0.0
1.9
98.1
77.0
0
0
175
35,939
279,493
0.0
0.0
0.2
6.7
10.3
-0.3
-0.2
-0.2
1.2
1.1
14.6
10.5
16.2
25.8
13.6
0.0
0.0
0.1
2.2
3.6
24.0
25.8
27.4
34.4
39.0
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, 2011 1
Tax Units4
Cash Income Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Number
(thousands)
Percent of
Total
Average
Income
(Dollars)
Average
Federal Tax
Burden
(Dollars)
Average AfterTax Income5
(Dollars)
Average
Federal Tax
Rate6
Share of PreTax Income
Percent of
Total
Share of PostTax Income
Percent of
Total
Share of
Federal Taxes
Percent of
Total
37,292
34,806
31,498
26,231
22,974
155,368
24.0
22.4
20.3
16.9
14.8
100.0
10,481
26,186
48,373
84,329
267,017
71,667
494
2,970
8,338
17,827
74,092
16,466
9,987
23,216
40,036
66,502
192,924
55,201
4.7
11.3
17.2
21.1
27.8
23.0
3.5
8.2
13.7
19.9
55.1
100.0
4.3
9.4
14.7
20.3
51.7
100.0
0.7
4.0
10.3
18.3
66.5
100.0
11,625
5,563
4,611
1,175
119
7.5
3.6
3.0
0.8
0.1
136,507
191,223
333,276
1,657,137
7,672,765
32,695
49,301
91,132
534,200
2,714,566
103,812
141,922
242,144
1,122,937
4,958,199
24.0
25.8
27.3
32.2
35.4
14.3
9.6
13.8
17.5
8.2
14.1
9.2
13.0
15.4
6.9
14.9
10.7
16.4
24.5
12.6
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0509-2).
Number of AMT Taxpayers (millions). Baseline: 15.9
Proposal: 15.9
(1) Calendar year. Baseline is current law. Proposal is the surcharge on high income indivduals described in America's Affordable Health Choices Act of 2009. Tax units pay a 1 percent tax on modified AGI between $350,000
and $500,000 for couples ($280,000 and $400,000 for others), a 1.5 percent tax on modified AGI between $500,000 and $1,000,000 for couples ($400,000 and $800,000 for others), and a 5.4 percent tax on modified AGI
exceeding $1,000,000 ($800,000 for others). Modified AGI is AGI less any deduction for investment interest.
(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 2009 dollars): 20% $17,769, 40%
$34,786, 60% $64,064, 80% $104,744, 90% $167,715, 95% $210,968, 99% $556,929, 99.9% $2,359,664.
(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.
14-Jul-09
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T09-0348
America's Affordable Health Choices Act of 2009 Surcharge on High Income Individuals
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile Adjusted for Family Size, 2011
Detail Table
Percent of Tax Units 4
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
1
Share of Federal Taxes
Change (%
Points)
Percent
Under the
Proposal
Average Federal Tax Rate 6
Change (%
Points)
Under the
Proposal
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.4
1.4
0.0
0.0
0.0
0.0
-0.9
-0.5
0.0
0.0
0.0
0.0
100.0
100.0
0
0
0
0
1,480
277
0.0
0.0
0.0
0.0
2.4
1.7
0.0
-0.1
-0.1
-0.3
0.5
0.0
0.2
2.9
8.4
16.9
71.5
100.0
0.0
0.0
0.0
0.0
0.7
0.4
1.3
10.0
16.3
20.1
28.2
23.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
17.3
80.8
94.0
0.0
0.0
-0.1
-3.0
-5.5
0.0
0.0
1.8
98.2
78.1
0
0
135
29,579
237,098
0.0
0.0
0.2
6.4
10.1
-0.3
-0.2
-0.3
1.2
1.1
15.5
11.7
17.4
26.9
14.1
0.0
0.0
0.1
2.1
3.6
24.1
25.3
27.2
34.2
38.8
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, 2011
Tax Units4
Cash Income Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Number
(thousands)
Percent of
Total
Average
Income
(Dollars)
Average
Federal Tax
Burden
(Dollars)
Average AfterTax Income5
(Dollars)
Average
Federal Tax
Rate6
1
Share of PreTax Income
Percent of
Total
Share of PostTax Income
Percent of
Total
Share of
Federal Taxes
Percent of
Total
30,760
32,347
31,060
29,561
29,073
155,368
19.8
20.8
20.0
19.0
18.7
100.0
9,877
23,756
42,993
73,609
226,631
71,667
132
2,366
7,016
14,827
62,511
16,466
9,745
21,389
35,977
58,781
164,120
55,201
1.3
10.0
16.3
20.1
27.6
23.0
2.7
6.9
12.0
19.5
59.2
100.0
3.5
8.1
13.0
20.3
55.6
100.0
0.2
3.0
8.5
17.1
71.0
100.0
14,540
7,282
5,823
1,428
142
9.4
4.7
3.8
0.9
0.1
115,046
165,470
286,103
1,431,804
6,683,662
27,747
41,853
77,703
459,744
2,357,180
87,299
123,617
208,400
972,060
4,326,483
24.1
25.3
27.2
32.1
35.3
15.0
10.8
15.0
18.4
8.5
14.8
10.5
14.2
16.2
7.2
15.8
11.9
17.7
25.7
13.1
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0509-2).
Number of AMT Taxpayers (millions). Baseline: 15.9
Proposal: 15.9
(1) Calendar year. Baseline is current law. Proposal is the surcharge on high income indivduals described in America's Affordable Health Choices Act of 2009. Tax units pay a 1 percent tax on modified AGI between $350,000
and $500,000 for couples ($280,000 and $400,000 for others), a 1.5 percent tax on modified AGI between $500,000 and $1,000,000 for couples ($400,000 and $800,000 for others), and a 5.4 percent tax on modified AGI
exceeding $1,000,000 ($800,000 for others). Modified AGI is AGI less any deduction for investment interest.
(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 2009 dollars): 20% $11,979, 40% $23,105, 60% $39,715, 80% $67,082, 90% $96,886, 95% $135,936, 99% $348,933, 99.9%
$1,418,012.
(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.
14-Jul-09
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T09-0348
America's Affordable Health Choices Act of 2009 Surcharge on High Income Individuals
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile Adjusted for Family Size, 2011 1
Detail Table - Single Tax Units
4
Percent of Tax Units
2,3
Cash Income Percentile
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
Share of Federal Taxes
Change (%
Points)
Percent
Under the
Proposal
6
Average Federal Tax Rate
Change (%
Points)
Under the
Proposal
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.8
0.5
0.0
0.0
0.0
0.0
-0.6
-0.3
0.0
0.0
0.0
0.0
100.0
100.0
0
0
0
0
626
85
0.0
0.0
0.0
0.0
1.5
0.9
0.0
-0.1
-0.1
-0.2
0.4
0.0
1.5
5.2
12.6
19.4
61.2
100.0
0.0
0.0
0.0
0.0
0.4
0.2
7.2
11.3
17.6
21.2
28.8
22.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.4
76.2
94.5
0.0
0.0
0.0
-2.5
-5.3
0.0
0.0
0.4
99.6
84.4
0
0
13
14,933
144,633
0.0
0.0
0.0
4.6
8.4
-0.2
-0.1
-0.1
0.7
0.7
17.2
8.5
14.9
20.6
10.1
0.0
0.0
0.0
1.6
3.2
25.1
25.8
27.3
36.4
41.9
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, 2011 1
4
Tax Units
Cash Income Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Average
Income
(Dollars)
Average
Federal Tax
Burden
(Dollars)
Average AfterTax Income5
(Dollars)
Number
(thousands)
Percent of
Total
16,453
15,785
14,027
10,881
9,172
67,885
24.2
23.3
20.7
16.0
13.5
100.0
7,653
18,188
31,881
52,390
144,769
40,448
552
2,052
5,608
11,128
41,034
9,112
7,100
16,136
26,273
41,262
103,734
31,336
5,247
1,793
1,749
383
34
7.7
2.6
2.6
0.6
0.1
81,466
114,230
195,211
924,978
4,473,332
20,478
29,449
53,186
321,533
1,728,012
60,989
84,781
142,026
603,446
2,745,320
Share of PreTax Income
Percent of
Total
Share of PostTax Income
Percent of
Total
Share of
Federal Taxes
Percent of
Total
7.2
11.3
17.6
21.2
28.3
22.5
4.6
10.5
16.3
20.8
48.4
100.0
5.5
12.0
17.3
21.1
44.7
100.0
1.5
5.2
12.7
19.6
60.9
100.0
25.1
25.8
27.3
34.8
38.6
15.6
7.5
12.4
12.9
5.5
15.0
7.2
11.7
10.9
4.3
17.4
8.5
15.0
19.9
9.4
Average
Federal Tax
Rate6
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0509-2).
(1) Calendar year. Baseline is current law. Proposal is the surcharge on high income indivduals described in America's Affordable Health Choices Act of 2009. Tax units pay a 1 percent tax on modified AGI between $350,000
and $500,000 for couples ($280,000 and $400,000 for others), a 1.5 percent tax on modified AGI between $500,000 and $1,000,000 for couples ($400,000 and $800,000 for others), and a 5.4 percent tax on modified AGI
exceeding $1,000,000 ($800,000 for others). Modified AGI is AGI less any deduction for investment interest.
(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 divi
by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2009 dollars): 20% $11,979, 40% $23,105, 60% $39,715, 80% $67,082, 90% $96,886, 95% $135,936, 99% $348,933, 99.9%
$1,418,012.
(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.
14-Jul-09
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T09-0348
America's Affordable Health Choices Act of 2009 Surcharge on High Income Individuals
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile Adjusted for Family Size, 2011 1
Detail Table - Married Tax Units Filing Jointly
4
Percent of Tax Units
2,3
Cash Income Percentile
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
Share of Federal Taxes
Change (%
Points)
Percent
Under the
Proposal
6
Average Federal Tax Rate
Change (%
Points)
Under the
Proposal
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.3
2.8
0.0
0.0
0.0
0.0
-1.0
-0.6
0.0
0.0
0.0
0.0
100.0
100.0
0
0
0
0
1,863
561
0.0
0.0
0.0
0.0
2.5
2.0
0.0
0.0
-0.1
-0.3
0.4
0.0
0.1
1.5
5.4
14.9
78.0
100.0
0.0
0.0
0.0
0.0
0.7
0.5
2.1
10.0
15.1
19.5
28.1
24.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
23.1
81.8
93.6
0.0
0.0
-0.1
-3.1
-5.5
0.0
0.0
2.1
97.9
76.4
0
0
187
33,871
261,380
0.0
0.0
0.2
6.7
10.4
-0.3
-0.3
-0.3
1.3
1.2
15.3
13.5
19.4
29.8
15.6
0.0
0.0
0.1
2.1
3.6
23.7
25.2
27.3
33.6
38.2
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, 2011 1
4
Tax Units
Cash Income Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Average
Income
(Dollars)
Average
Federal Tax
Burden
(Dollars)
Average AfterTax Income5
(Dollars)
Number
(thousands)
Percent of
Total
6,220
8,746
11,392
15,301
18,311
60,792
10.2
14.4
18.7
25.2
30.1
100.0
12,978
30,404
55,534
89,245
270,238
119,608
270
3,039
8,391
17,356
74,004
28,742
12,708
27,365
47,143
71,889
196,234
90,866
8,308
5,185
3,832
986
100
13.7
8.5
6.3
1.6
0.2
138,140
184,120
329,973
1,603,838
7,292,608
32,785
46,391
89,890
504,728
2,525,030
105,355
137,729
240,082
1,099,111
4,767,578
Share of PreTax Income
Percent of
Total
Share of PostTax Income
Percent of
Total
Share of
Federal Taxes
Percent of
Total
2.1
10.0
15.1
19.5
27.4
24.0
1.1
3.7
8.7
18.8
68.1
100.0
1.4
4.3
9.7
19.9
65.1
100.0
0.1
1.5
5.5
15.2
77.6
100.0
23.7
25.2
27.2
31.5
34.6
15.8
13.1
17.4
21.8
10.0
15.9
12.9
16.7
19.6
8.6
15.6
13.8
19.7
28.5
14.4
Average
Federal Tax
Rate6
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0509-2).
(1) Calendar year. Baseline is current law. Proposal is the surcharge on high income indivduals described in America's Affordable Health Choices Act of 2009. Tax units pay a 1 percent tax on modified AGI between $350,000
and $500,000 for couples ($280,000 and $400,000 for others), a 1.5 percent tax on modified AGI between $500,000 and $1,000,000 for couples ($400,000 and $800,000 for others), and a 5.4 percent tax on modified AGI
exceeding $1,000,000 ($800,000 for others). Modified AGI is AGI less any deduction for investment interest.
(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 divi
by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2009 dollars): 20% $11,979, 40% $23,105, 60% $39,715, 80% $67,082, 90% $96,886, 95% $135,936, 99% $348,933, 99.9%
$1,418,012.
(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.
14-Jul-09
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T09-0348
America's Affordable Health Choices Act of 2009 Surcharge on High Income Individuals
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile Adjusted for Family Size, 2011 1
Detail Table - Head of Household Tax Units
4
Percent of Tax Units
2,3
Cash Income Percentile
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
Share of Federal Taxes
Change (%
Points)
Percent
Under the
Proposal
6
Average Federal Tax Rate
Change (%
Points)
Under the
Proposal
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.6
0.3
0.0
0.0
0.0
0.0
-0.7
-0.1
0.0
0.0
0.0
0.0
100.0
100.0
0
0
0
0
887
41
0.0
0.0
0.0
0.0
2.0
0.7
0.0
-0.1
-0.2
-0.2
0.4
0.0
-4.9
11.2
27.2
30.3
36.2
100.0
0.0
0.0
0.0
0.0
0.5
0.1
-7.3
7.7
16.7
21.2
26.5
15.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
20.4
92.9
98.0
0.0
0.0
-0.1
-3.3
-5.7
0.0
0.0
3.0
97.0
73.9
0
0
188
29,641
230,887
0.0
0.0
0.3
7.0
10.7
-0.1
-0.1
0.0
0.6
0.5
12.2
6.7
7.1
10.3
5.3
0.0
0.0
0.1
2.2
3.7
23.9
25.2
24.2
34.2
38.6
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, 2011 1
4
Tax Units
Cash Income Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Average
Income
(Dollars)
Average
Federal Tax
Burden
(Dollars)
Average AfterTax Income5
(Dollars)
Number
(thousands)
Percent of
Total
7,828
7,381
4,991
2,741
1,111
24,178
32.4
30.5
20.6
11.3
4.6
100.0
12,145
27,927
46,364
74,093
175,378
38,406
-889
2,153
7,750
15,730
45,553
5,851
13,034
25,774
38,614
58,363
129,825
32,555
682
241
155
32
3
2.8
1.0
0.6
0.1
0.0
106,498
155,730
269,959
1,323,451
6,199,747
25,427
39,288
65,171
423,464
2,164,856
81,071
116,442
204,788
899,987
4,034,892
Share of PreTax Income
Percent of
Total
Share of PostTax Income
Percent of
Total
Share of
Federal Taxes
Percent of
Total
-7.3
7.7
16.7
21.2
26.0
15.2
10.2
22.2
24.9
21.9
21.0
100.0
13.0
24.2
24.5
20.3
18.3
100.0
-4.9
11.2
27.3
30.5
35.8
100.0
23.9
25.2
24.1
32.0
34.9
7.8
4.1
4.5
4.6
2.1
7.0
3.6
4.0
3.7
1.6
12.3
6.7
7.1
9.7
4.8
Average
Federal Tax
Rate6
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0509-2).
(1) Calendar year. Baseline is current law. Proposal is the surcharge on high income indivduals described in America's Affordable Health Choices Act of 2009. Tax units pay a 1 percent tax on modified AGI between $350,000
and $500,000 for couples ($280,000 and $400,000 for others), a 1.5 percent tax on modified AGI between $500,000 and $1,000,000 for couples ($400,000 and $800,000 for others), and a 5.4 percent tax on modified AGI
exceeding $1,000,000 ($800,000 for others). Modified AGI is AGI less any deduction for investment interest.
(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 divi
by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2009 dollars): 20% $11,979, 40% $23,105, 60% $39,715, 80% $67,082, 90% $96,886, 95% $135,936, 99% $348,933, 99.9%
$1,418,012.
(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.
14-Jul-09
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T09-0348
America's Affordable Health Choices Act of 2009 Surcharge on High Income Individuals
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile Adjusted for Family Size, 2011
Detail Table - Tax Units with Children
Percent of Tax Units 4
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
1
Share of Federal Taxes
Change (%
Points)
Percent
Under the
Proposal
Average Federal Tax Rate 6
Change (%
Points)
Under the
Proposal
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
11.8
2.0
0.0
0.0
0.0
0.0
-1.0
-0.5
0.0
0.0
0.0
0.0
100.0
100.0
0
0
0
0
2,156
371
0.0
0.0
0.0
0.0
2.6
1.8
0.0
-0.1
-0.2
-0.3
0.6
0.0
-1.1
2.6
9.8
19.3
69.2
100.0
0.0
0.0
0.0
0.0
0.7
0.4
-8.3
8.5
17.5
21.4
29.3
23.5
0.0
0.0
0.0
0.0
0.0
0.0
0.1
42.1
92.1
98.6
0.0
0.0
-0.1
-3.7
-6.1
0.0
0.0
3.4
96.6
69.9
0
0
404
46,600
350,587
0.0
0.0
0.4
7.4
10.9
-0.3
-0.2
-0.2
1.3
1.0
17.4
10.6
16.7
24.5
12.4
0.0
0.0
0.1
2.5
3.9
25.2
25.9
28.6
35.9
39.7
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, 2011
Tax Units4
Cash Income Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Average
Income
(Dollars)
Average
Federal Tax
Burden
(Dollars)
Average AfterTax Income5
(Dollars)
Number
(thousands)
Percent of
Total
10,146
10,182
10,047
9,721
8,416
48,902
20.8
20.8
20.5
19.9
17.2
100.0
13,131
31,660
58,167
96,287
292,032
90,398
-1,090
2,698
10,187
20,610
83,288
20,890
14,220
28,962
47,980
75,677
208,743
69,509
4,474
2,031
1,536
376
36
9.2
4.2
3.1
0.8
0.1
160,074
208,849
396,436
1,884,947
9,014,245
40,379
54,144
112,828
630,599
3,224,178
119,695
154,705
283,608
1,254,348
5,790,067
1
Share of PreTax Income
Percent of
Total
Share of PostTax Income
Percent of
Total
Share of
Federal Taxes
Percent of
Total
-8.3
8.5
17.5
21.4
28.5
23.1
3.0
7.3
13.2
21.2
55.6
100.0
4.2
8.7
14.2
21.6
51.7
100.0
-1.1
2.7
10.0
19.6
68.6
100.0
25.2
25.9
28.5
33.5
35.8
16.2
9.6
13.8
16.0
7.4
15.8
9.2
12.8
13.9
6.2
17.7
10.8
17.0
23.2
11.4
Average
Federal Tax
Rate6
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0509-2).
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 is the surcharge on high income indivduals described in America's Affordable Health Choices Act of 2009. Tax units pay a 1 percent tax on modified AGI between $350,000
and $500,000 for couples ($280,000 and $400,000 for others), a 1.5 percent tax on modified AGI between $500,000 and $1,000,000 for couples ($400,000 and $800,000 for others), and a 5.4 percent tax on modified AGI
exceeding $1,000,000 ($800,000 for others). Modified AGI is AGI less any deduction for investment interest.
(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 2009 dollars): 20% $11,979, 40% $23,105, 60% $39,715, 80% $67,082, 90% $96,886, 95% $135,936, 99% $348,933, 99.9%
$1,418,012.
(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.
14-Jul-09
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T09-0348
America's Affordable Health Choices Act of 2009 Surcharge on High Income Individuals
Baseline: Current Law
Distribution of Federal Tax Change by Cash Income Percentile Adjusted for Family Size, 2011
Detail Table - Elderly Tax Units
Percent of Tax Units 4
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
1
Share of Federal Taxes
Change (%
Points)
Percent
Under the
Proposal
Average Federal Tax Rate 6
Change (%
Points)
Under the
Proposal
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.3
1.4
0.0
0.0
0.0
0.0
-0.9
-0.5
0.0
0.0
0.0
0.0
100.0
100.0
0
0
0
0
1,581
296
0.0
0.0
0.0
0.0
2.5
2.1
0.0
0.0
-0.1
-0.2
0.3
0.0
0.2
1.5
3.4
10.4
84.4
100.0
0.0
0.0
0.0
0.0
0.7
0.4
2.4
3.9
6.3
12.1
26.9
19.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.4
72.1
93.6
0.0
0.0
0.0
-2.5
-4.9
0.0
0.0
0.5
99.5
85.1
0
0
33
20,880
181,849
0.0
0.0
0.1
5.1
8.7
-0.2
-0.2
-0.4
1.2
1.3
9.9
11.1
21.4
41.9
21.9
0.0
0.0
0.0
1.7
3.1
18.3
21.3
25.3
34.2
39.2
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, 2011
Tax Units4
Cash Income Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Average
Income
(Dollars)
Average
Federal Tax
Burden
(Dollars)
Average AfterTax Income5
(Dollars)
Number
(thousands)
Percent of
Total
4,348
7,946
6,155
5,447
5,552
29,671
14.7
26.8
20.7
18.4
18.7
100.0
9,801
20,388
38,029
67,549
241,246
72,264
233
788
2,388
8,145
63,263
14,083
9,568
19,599
35,641
59,404
177,983
58,181
2,283
1,440
1,410
418
41
7.7
4.9
4.8
1.4
0.1
101,663
154,504
256,863
1,249,575
5,802,387
18,554
32,932
64,849
406,530
2,092,405
83,108
121,572
192,014
843,045
3,709,983
1
Share of PreTax Income
Percent of
Total
Share of PostTax Income
Percent of
Total
Share of
Federal Taxes
Percent of
Total
2.4
3.9
6.3
12.1
26.2
19.5
2.0
7.6
10.9
17.2
62.5
100.0
2.4
9.0
12.7
18.7
57.2
100.0
0.2
1.5
3.5
10.6
84.1
100.0
18.3
21.3
25.3
32.5
36.1
10.8
10.4
16.9
24.4
11.1
11.0
10.1
15.7
20.4
8.8
10.1
11.4
21.9
40.7
20.6
Average
Federal Tax
Rate6
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0509-2).
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 is the surcharge on high income indivduals described in America's Affordable Health Choices Act of 2009. Tax units pay a 1 percent tax on modified AGI between $350,000
and $500,000 for couples ($280,000 and $400,000 for others), a 1.5 percent tax on modified AGI between $500,000 and $1,000,000 for couples ($400,000 and $800,000 for others), and a 5.4 percent tax on modified AGI
exceeding $1,000,000 ($800,000 for others). Modified AGI is AGI less any deduction for investment interest.
(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 2009 dollars): 20% $11,979, 40% $23,105, 60% $39,715, 80% $67,082, 90% $96,886, 95% $135,936, 99% $348,933, 99.9%
$1,418,012.
(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.