Figures in billions of dollars
Restore personal income tax rates for taxable income exceeding $400,000 | $29.7 |
Restore limit on itemized deductions for those with taxable income exceeding $400,000 | $25.1 |
Limit the 20 percent deduction for pass-through businesses for those with taxable income exceeding $400,000 | $32.7 |
Eliminate the low personal income tax rate for capital gains and dividends for taxable income exceeding $1 million and limit the exemption for capital gains on assets left to heirs | $144.1 |
Limit itemized deductions to provide no more than 28 cents in tax savings for each dollar of deductions for taxable income exceeding $400,000 | $14.6 |
Behavioral effects of higher taxes on capital gains | -$84.6 |
Total Personal Income Tax Increase | $161.6 |