On August 24, the Tax Policy Center submitted initial estimates of the distribution of federal income taxes, taxes which include individual income tax, corporate income taxes, payroll taxes, and estate taxes under three scenarios. The estimates are all for the year 2012 under the following three scenarios: under current law, the Obama Administration's baseline, and President Obama's budget.
See Tax Policy Center: "Share of Federal Taxes Under Current Law, by Cash Income Percentile, 2012," August 24, 2009
See Also Tax Policy Center: "Share of Federal Taxes Under Administration's Baseline, by Cash Income Percentile, 2012," August 24, 2009
See Also Tax Policy Center: "Share of Federal Taxes Under President Obama's Budget, by Cash Income Percentile, 2012," August 24, 2009
Posted By Raj Chudgar, Associate Editor, Wealth Strategies Journal
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