The centrist research group Third Way has
calculated the impact of a White House proposal to let the
Bush-era tax cuts on the top two rates expire. Third Way also estimated the effect of increasing the
estate tax, limiting the value of itemized deductions and carrying out the “
Buffett Rule,” which ensures that households earning more than $1 million a year pay at least 30 percent of their income in taxes. That package of changes increased revenue by about $1.6 trillion over 10 years.
