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EXPLANATION OF CHANGES SHOWN ON SCHEDULE C1 FOR THE TAX ANALYSIS DIVISION

JA. MANDATORY CHANGES

1. Merit increases and related benefits

Merit pay increases are budgeted at 4.0% of base salaries with 50% of the cost assumed to be offset by turnover savings.

12. FY 1998 ECI adjustment

Funding for a projected 2.8% ECI adjustment on January 1, 1998.

13. Annualization of FY 1997 pay increases and other actions. Annualization of the FY 1997 merit increases, turnover effects, and 1/1/97 EC! adjustment of 2.3%.

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14. Miscellaneous changes in benefit costs

Includes increases in agency costs for employee health insurance, social security, and overtime.

PRICE LEVEL CHANGES

GPO printing price increase of 4%

Printing costs are expected to increase by 4.0%. GPO contracts for the printing of all CBO publications.

12. Administrative contract increases of 4%

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The price increase for administrative services provided by the Library of Congress and the MFC is projected from recent increases in these contracts.

13. ADP timesharing price increases

This average price increase is based on information from major vendors and average 4.5%.

14. Subscriptions price increase of 11%

This price increase is based on information from major vendors.

15. Equipment price increases

This price increase is based on information from major vendors. and averages less than 2%.

16. Miscellaneous price increases

Includes increases for telecommunications and equipment repair and are based on information provided by major vendors.

IC. PROGRAM TYPE CHANGES

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EXPLANATION OF CHANGES SHOWN ON SCHEDULE C1 FOR THE TAX ANALYSIS DIVISION

IC. PROGRAM TYPE CHANGES CONT.

12. Workload

....

[28. Reduced need for ADP systems, data, and model development

Spending for these projects is often dependent on the availability of data and changes in legislative programs.

|2b. Lower printing and postage costs

Printing and postage spending will drop due to a cyclical drop in the number of published studies and reports.

j2c. Miscellaneous workload changes

Miscellanenous offsetting workload changes involving ADP telecommunications, graphical support, and storage.

13. Equipment, Alterations, Maintenance, Repairs etc.

13a. Changes ADP hardware spending

Reduction in planned spending for ADP hardware.

3b. Reductions in ADP software spending

Projected drop in software spending after library system replac

13c. Reduced spending for office equipment

Reflects reduction in copier replacement demand.

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ROLE OF THE TAX ANALYSIS DIVISION

The Tax Analysis Division is responsible for providing tax receipt baseline projections for CBO's 10-year budget projections, estimating the budget effects of legislation affecting customs duties, fees, and penalties, studying tax expenditures, analyzing economic and taxpayer-behavioral effects of changes in tax law, and estimating the distribution of federal taxes among taxpayers. Work under way focuses on taxes on consumption, health care financing, the economic effects of taxbased incentives to save and invest, and, more generally, the effects of taxes on economic activity and taxpayer behavior.

ACCOMPLISHMENTS OF THE TAX ANALYSIS DIVISION IN FY 1996

In fiscal year 1996, the Tax Analysis Division (TAD) prepared CBO's baseline revenue estimates and responded to requests from Congressional staff for a wide range of background material on tax matters. TAD provided cost estimates of all trade-related bills with significant effects on revenues. Also, in cooperation with the Budget Analysis Division, TAD maintained the bill-by-bill Congressional scorekeeping system for all legislation with budget effects reported out of committees. A weekly scorekeeping report was provided to the Appropriations Committees.

TAD published one paper and three memoranda on subjects of interest to Members of Congress: The Incidence of the Corporate Income Tax; The HighDeductible/MSA Option Under Medicare: Exploring the Implications of the Balanced Budget Act of 1995 (with the Health and Human Resources Division); Projecting Capital Gains Realizations; and The Growth of Federal User Charges: An Update, and provided a large number of other policy-related materials and budget-related estimates for Congressional staff.

PRIORITIES FOR THE TAX ANALYSIS DIVISION DURING FY 1998

During fiscal year 1998, the main priority of the Tax Analysis Division will be to continue to provide the CBO baseline revenue projections to the Congress and, in cooperation with the Joint Committee on Taxation, prepare the analyses requested by the Congress on tax-related issues. TAD will continue to work with the Joint Committee on Taxation and the Department of the Treasury to develop and implement new methods for estimating the effects on receipts of recently-enacted tax legislation. In addition, the division continues to prepare studies and papers about tax issues that are of interest to the Congress.

PRODUCTS OF THE TAX ANALYSIS DIVISION

Staffing of the Tax Analysis Division

The division received one FTE in fiscal year 1996 for its new workload in helping to prepare both state and local and private sector mandates estimate that involve revenue issues.

The fiscal year 1998 request contains no provision for a change in staffing of the division.

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• Includes employees, whose services are obtained under contract with
an individual or an organization, performing on-site services (in
agency workspace) for six months or more during a twelve month period.

Note: Columns and rows may not add due to rounding.

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