(D) High Spending and Revenues Scenario

Personal Income Taxa

Regular Tax

10

12.2

14.3

14.3

14.3

14.3

14.3

14.3

14.3

15

18.3

21.4

21.4

21.4

21.4

21.4

21.4

21.4

25

30.5

35.7

35.7

35.7

35.7

35.7

35.7

35.7

28

34.2

40.0

40.0

40.0

40.0

40.0

40.0

40.0

33

40.3

47.1

47.1

47.1

47.1

47.1

47.1

47.1

35

42.8

50.0

50.0

50.0

50.0

50.0

50.0

50.0

Capital Gains and Qualified Dividends

15

18.3

21.4

21.4

21.4

21.4

21.4

21.4

21.4

Alternative Minimum Tax

26

31.8

37.1

37.1

37.1

37.1

37.1

37.1

37.1

28

34.2

40.0

40.0

40.0

40.0

40.0

40.0

40.0

VAT (if added; there is no current U.S. VAT)

 

NA

0.9

5.2

7.7

8.1

9.7

12.9

14.6

NOTE: NA = not applicable.

aCurrent law is in left-most column.



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