Job impact of implementing various tax policies and spending the revenue on infrastructure (revenue in billions of dollars)
| 2013 | 2014 | 2015 | 2016* | 2017* | 2013–2017 | 2013–2022 | |
|---|---|---|---|---|---|---|---|
| 1. Cap deductions at 28% | |||||||
| Revenue | $20 | $25 | $28 | $30 | $33 | $136 | $333 |
| Job impact | 163,720 | 195,686 | 201,746 | 207,810 | 213,815 | ||
| 2. Fairness in taxation/equalization | |||||||
| Revenue | $78 | $121 | $133 | $142 | $151 | $624 | $1,511 |
| Job impact | 631,952 | 933,968 | 966,194 | 973,245 | 980,619 | ||
| 3. Obama international corporate tax package | |||||||
| Revenue | $7 | $15 | $16 | $17 | $18 | $73 | $168 |
| Job impact | 58,258 | 120,907 | 124,483 | 123,135 | 121,734 | ||
| 4. Financial transactions tax | |||||||
| Revenue | $55 | $76 | $79 | $82 | $86 | $378 | $849 |
| Job impact | 433,649 | 577,157 | 566,267 | 555,572 | 546,717 | ||
| Total job impact | 1,287,579 | 1,827,718 | 1,858,690 | 1,859,762 | 1,862,885 | ||
*Assuming economy remains below full employment
Source: Author's analysis of data from Citizens for Tax Justice (2008), the Budget for All (Fieldhouse and Thiess 2012), and Bureau of Labor Statistics (2012)