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(1 - 9 of 9)
Budget sequestration procedures for fiscal year 1987
Title
Budget sequestration procedures for fiscal year 1987: Summary of congressional action
Date
1986
John Donne and the theology of language
Title
John Donne and the theology of language
Date
1986
Analysis of U.S. energy program funding for fiscal years 1986 and 1987 in the era of Gramm-Rudman-Hollings
Title
An analysis of U.S. energy program funding for fiscal years 1986 and 1987 in the era of Gramm-Rudman-Hollings
Date
1986
Teachers insurance and annuity association-college retirement equity fund (TIAA-CREF) and the tax bill (H.R. 3838)
Title
Teachers insurance and annuity association-college retirement equity fund (TIAA-CREF) and the tax bill (H.R. 3838): Issues and analysis
Date
1986
Summary
The House-passed tax reform bill (H.R. 3838) would have a major impact on the operations of the Teachers Insurance and Annuity Association-College Retirement Equity Fund (TIAA-CREF). This paper discusses the issues raised by provisions in H.R. 3838 that would: (1) repeal the organization's tax-exempt status, (2) impose nondiscrimination standards on the retirement plans covering employees of colleges and universities, (3) limit contributions that employees may elect to make before taxes to their retirement plan, (4) coordinate salary deferrals made to the TIAA-CREF plan with the limits on Individual Retirement Arrangements (IRAs), and (5) under certain circumstances, impose a 15 percent excise tax on early withdrawals.
Interest deductibility after the Tax Reform Act of 1986
Title
Interest deductibility after the Tax Reform Act of 1986
Date
1986
Summary
This report briefly describes the limits placed by the Tax Reform Act of 1986 on the deductibility of interest by individuals. It includes the categories of business interest, consumer interest, home mortgage interest, investment interest, interest on activities subject to the passive loss limits, and interest on rental real estate in which the taxpayer actively participates.
Individual Retirement Arrangements (IRAs)
Title
Individual Retirement Arrangements (IRAs): Proposed changes in House-passed Tax Reform Bill (H.R. 3838)
Date
1986
Summary
The House-passed tax reform bill (H.R. 3838) would make three changes in Individual Retirement Arrangements (IRAs): (1) correct an anomaly in the "spousal IRA," (2) coordinate certain "elective deferrals" to 401(k) plans and 403(b) annuities with the IRA deduction limits, and (3) increase the additional income tax on "early withdrawals" from 10 to 15 percent. Although the Administration an the House Committee on Ways and Means had common goals in developing changes to IRAs, their proposals differ. This paper discusses and analyzes these differences.
The tax reform act of 1986 (h.r. 3838)
Title
The Tax Reform Act of 1986 (h.r. 3838): Effective versus statutory marginal tax rates
Date
1986
Summary
Under the Tax Reform Act of 1986 (H.R. 3838) there would be only two statutory marginal tax rates for individuals, 15 and 28 percent. In addition to reducing statutory marginal tax rates, H.R. 3838 would phase out certain tax provisions over various income ranges. These phaseout provisions would produce an effective marginal tax rate schedule considerably different from the statutory schedule. This paper describes the phaseout provisions contained in H.R. 3838 and analyzes their effects on marginal tax rates.
Hospital capital cost reimbursement under medicare
Title
Hospital capital cost reimbursement under medicare
Date
1986
The tax reform act of 1985 (H.R. 3838)
Title
The Tax Reform Act of 1985 (H.R. 3838): Interpreting the revenue estimates
Date
1986
Summary
Estimates show that over its first five years, the Tax Reform Act of 1985 (HR 3838) would be revenue neutral, with a reduction in revenue from the individual income tax just offset by an increase in revenue from the corporate income tax. This report describes the major changes in the individual and corporate income tax systems that would produce these revenue patterns. Notwithstanding the five-year revenue estimates, the report concludes that the bill would not significantly increase the tax burden on corporate-sector income. Further, in the long-run, the bill may lose tax revenue compared to revenue that would be generated under the current tax system.