Table 1
Revenue Estimate from Four Progressive Tax Changes, and GDP and Job Impacts If that Revenue Finances Infrastructure Spending
2014 | 2015 | 2016 | |
---|---|---|---|
Cap deductions at 28%, Revenue in billions | $14.66 | $40.29 | $44.22 |
GDP Impact, billions | $16.42 | $45.12 | $49.52 |
Job Impact, thousands | 118.35 | 307.09 | 316.24 |
Fairness in Taxation Act of 2013, Revenue in billions | $33.50 | $85.00 | $88.70 |
GDP Impact, billions | $35.85 | $90.95 | $94.91 |
Job Impact, thousands | 258.40 | 618.99 | 606.06 |
International Corporate Tax Changes, Revenue in billions | $5.65 | $13.24 | $15.39 |
GDP Impact, billions | $6.04 | $14.16 | $16.47 |
Job Impact, thousands | 43.57 | 96.39 | 105.16 |
Financial Transactions Tax, Revenue in billions | $56.94 | $79.18 | $82.47 |
GDP Impact, billions | $59.79 | $83.14 | $86.59 |
Job Impact, thousands | 431.02 | 565.82 | 552.96 |
Total Jobs | 851.35 | 1,588.29 | 1,580.42 |
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