The calculator is a tool to help you understand how current tax policy affects real families and what would happen if we changed that policy. With this version, you can compare four alternative tax policies to see how different taxpayers would make out in 2013:
- 2012 Law with AMT Patch with all of the 2001-2003 tax cuts and the 2009 stimulus tax provisions still in place
- 2013 law (the “fiscal cliff”) including the expiration of most tax cuts enacted over the past decade, the new taxes associated with the 2010 healthcare legislation, and no AMT patch or payroll tax cut
- tax law in the 2013 Senate Democratic plan
- tax law in the 2013 Senate Republican plan
Click here to start calculating.