Distributional Effects of Certain Tax Provisions of H.R. 3 As Amended By the Senate Jcx-15-90r
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626 $-225 $-360 ,140 -333 -292 94 -25 -271 12 -4 -312 1 V -149 2 The income concept used to place tax returns into classes is adjusted gross income (AGI) plus: (1) tax-exempt interest; (2) employer contributions for health plans and life insurance; (3) inside buildup on life insurance; (4) worker's compensation; (5) nontaxable social security benefits; (6) deductible contri- butions to individual retirement accounts; (7) the minimum tax preferences; and (8) net losses, in excess of minimum tax ...preference, from passive business activities.
Loss of less than $500,000.
PRELIMINARY DISTRIBOTIONAL IMPACT OF THE 90-PERCENT REFUNDABLE DEPENDENT CARE CREDIT OF H.R. 3 AS AMENDED BY THE SENATE Calendar Year 1990 INCOME CLASS RETURNS AMOUNT AVERAGE (Thousands) (Millions) (Dollars) Less than $10,000 421 10,000 - 20,000 1,087 20,000 - 30,000 261 30,000 - 40,000 19 40,000 - 50,000 1 50,000 - 75,000 1 75,000 - 100,000 100,000 - 200,000 200,000 and over TOTALS 1,789 $-302 -573 -109 -12 -1 -1 $ -716 -527 -418 -625 -1,061 -798 $-997 $-557 Joint Committee on Taxation June 13, 1990 NOTES : Distributional impact is presented at 1990 income levels, as if provision was fully effective for that year.
What to read after Distributional Effects of Certain Tax Provisions of H.R. 3 As Amended By the Senate Jcx-15-90r?
You can find similar books in the "Read Also" column, or choose other free books by United States. Congress. Joint Committee On Taxation to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
626 $-225 $-360 ,140 -333 -292 94 -25 -271 12 -4 -312 1 V -149 2 The income concept used to place tax returns into classes is adjusted gross income (AGI) plus: (1) tax-exempt interest; (2) employer contributions for health plans and life insurance; (3) inside buildup on life insurance; (4) worker's compensation; (5) nontaxable social security benefits; (6) deductible contri- butions to individual retirement accounts; (7) the minimum tax preferences; and (8) net losses, in excess of minimum tax ...preference, from passive business activities.
Loss of less than $500,000.
PRELIMINARY DISTRIBOTIONAL IMPACT OF THE 90-PERCENT REFUNDABLE DEPENDENT CARE CREDIT OF H.R. 3 AS AMENDED BY THE SENATE Calendar Year 1990 INCOME CLASS RETURNS AMOUNT AVERAGE (Thousands) (Millions) (Dollars) Less than $10,000 421 10,000 - 20,000 1,087 20,000 - 30,000 261 30,000 - 40,000 19 40,000 - 50,000 1 50,000 - 75,000 1 75,000 - 100,000 100,000 - 200,000 200,000 and over TOTALS 1,789 $-302 -573 -109 -12 -1 -1 $ -716 -527 -418 -625 -1,061 -798 $-997 $-557 Joint Committee on Taxation June 13, 1990 NOTES : Distributional impact is presented at 1990 income levels, as if provision was fully effective for that year.
What to read after Distributional Effects of Certain Tax Provisions of H.R. 3 As Amended By the Senate Jcx-15-90r?
You can find similar books in the "Read Also" column, or choose other free books by United States. Congress. Joint Committee On Taxation to read onlineMoreLess
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