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Text File  |  1993-02-17  |  807b  |  19 lines
  1. REV-15 TAX INVESTMENT INCOME FROM LIFE INSURANCE PRODUCTS
  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.  
  9. Tax Inside Buildup  4.0     10.8     11.9     13.1     14.2     54.0
  10.  
  11. Disallow Corporate
  12. Interest Deductions
  13. from Policy Loans   0.4      0.6      0.7      0.8      0.9      3.6
  14.  --------------------------------------------------------------------------
  15.  
  16. SOURCE:  Joint Committee on Taxation.
  17.  
  18. ---------------------------------------------------------------------------
  19.