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Text File  |  1993-02-17  |  893b  |  22 lines

  1. REV-14 PHASE OUT THE DEPENDENT-CARE CREDIT
  2.  
  3.                                 Annual Added Revenues
  4.                                 (Billions of dollars)             Cumulative
  5. Addition to          -----------------------------------------    Five-Year
  6. CBO Baseline         1994     1995      1996     1997     1998     Addition
  7. ---------------------------------------------------------------------------
  8. Phaseout
  9. Starting at:
  10.    $30,000             0.1      0.9       0.9      1.0      1.0        3.9
  11.  
  12.    $50,000               a      0.5       0.5      0.5      0.6        2.1
  13.  
  14.    $65,000               a      0.3       0.3      0.3      0.3        1.2
  15.  --------------------------------------------------------------------------
  16.  
  17. SOURCE:  Joint Committee on Taxation.
  18.  
  19. a.  Less than $50 million.
  20.  
  21. ---------------------------------------------------------------------------
  22.