Tax Legislation

Election Calculator

The easiest way to see the effects of tax policy changes is to select a sample taxpayer. Default input values for each case represent income and expenses for taxpayers at the 20th, 50th, 80th, 99th, and 99.9th income percentiles. Alternatively you can create your own scenario and input values by selecting that option. The input values used for the default scenarios are shown in the following table. For a detailed description of the methodology behind this calculator, go to the methodology page.

The Election Calculator estimates the impact of proposed tax policies on typical taxpayers. It is not a tax preparation tool. For ease of use, many items that would be included on actual tax returns are omitted. Numbers generated cannot be applied to specific tax returns.

 

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