New York Times gives impact of removal of dividend tax:
TAX BENEFITS FOR 2003 BY INCOME:
Income Percentile: 0-20
Income Range*: $0-9,964
Average Change in Tax: -$6
Percentage of Total Income Tax Change: 0.4%
Income Percentile: 20-40
Income Range*: $9,965-21,349
Average Change in Tax: -$20
Percentage of Total Income Tax Change: 1.3%
Income Percentile: 40-60
Income Range*: $21,350-37,834
Average Change in Tax: -$47
Percentage of Total Income Tax Change: 3.0%
Income Percentile: 60-80
Income Range*: $37,835-68,329
Average Change in Tax: -$168
Percentage of Total Income Tax Change: 10.7%
Income Percentile: 80-90
Income Range*: $68,330-98,053
Average Change in Tax: -$304
Percentage of Total Income Tax Change: 9.7%
Income Percentile: 90-95
Income Range*: $98,054-133,858
Average Change in Tax: -$622
Percentage of Total Income Tax Change: 9.9%
Income Percentile: 95-99
Income Range*: $133,859-316,894
Average Change in Tax: -$1,777
Percentage of Total Income Tax Change: 22.7%
Income Percentile: 99-100
Income Range*: $316,895 and up
Average Change in Tax: -$13,243
Percentage of Total Income Tax Change: 42.3%
*Adjusted gross income on tax return
Not online. (thanks samela)
UPDATE: Ted Barlow has comments on the impact of this on municipal bond rates (they'll fall...err, I mean rise)
UPDATE: Here's the source of the data, from the Tax Policy Center.
