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Tax Proposals in the 2010 Budget

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Publication Date: March 2009

Publisher(s): Tax Policy Center

Author(s): Rosanne Altshuler; Leonard E. Burman; Howard Gleckman; Dan Halperin; Roberton Williams

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Banking and finance (Taxation and tax policy)

Keywords: Federal Budgets & Fiscal Policy; Income and Wealth Distribution; Tax Distribution and Economic Trends; Taxes and Social Programs

Type: Report

Abstract:

President Obama's 2010 Budget contains a number of tax provisions that would cut taxes for low- and middle-income households and raise taxes on wealthier taxpayers. This resource guide describes the tax proposals, offers more detailed commentary on key provisions, and links to tables showing the distributional effects of the overall proposal and various elements of the plan.