Tax proposals from Democratic presidential candidate Hillary Clinton Hillary Diane Rodham ClintonHillicon Valley: FBI chief says Russia is trying to interfere in election to undermine Biden | Treasury Dept. sanctions Iranian government-backed hackers The Hill's Campaign Report: Arizona shifts towards Biden | Biden prepares for drive-in town hall | New Biden ad targets Latino voters FBI chief says Russia is trying to interfere in election to undermine Biden MORE would raise federal revenue by $1.1 trillion over the next decade, with most of the tax increases falling on the wealthy, an analysis from the non-partisan Urban-Brookings Tax Policy Center (TPC) found.

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TPC Director Len Burman told reporters that Clinton’s plan is a “very incremental proposal.” Many of Clinton’s ideas are carry-overs from President Obama’s budgets, and the new proposals are targeted at high earners, he added.

“It’s not a major reform,” he said.

Almost two-thirds of the revenue increase would be attributable to three of Clinton’s proposals aimed at the wealthy: a 4-percent surtax on adjusted gross income over $5 million, a 30-percent minimum tax on those with adjusted gross income over $1 million and a 28-percent cap on the value of certain tax preferences, TPC said.

Other tax proposals from Clinton include adjusting the taxation of capital gains to encourage people to hold assets for longer, initiatives aimed at deterring companies from reincorporating overseas to lower their tax burdens and changes to the estate tax.

More than half of the tax increases Clinton has proposed would affect the top 0.1 percent of taxpayers, and 94 percent of the tax increases would fall on taxpayers in the top fifth of income, according to TPC’s report.

The average tax increase in 2017 for taxpayers in the top 0.1 percent would be almost $520,000, while those who make less than $300,000 would not see much of a change to their after-tax income. Taxpayers in the bottom three-fifths of income would have small tax increases that would result largely from business tax provisions leading to slightly lower wages and returns to saving, TPC said.

Without taking into account new spending initiatives or macroeconomic effects, Clinton’s tax proposals would lower the federal debt by more than $1.2 trillion over 10 years and by $4.3 trillion over two decades, according to the report.

But Clinton’s proposals would increase the complexity of the tax code, particularly for high earners. The goals of the 30-percent minimum tax and 28-percent cap “could be attained much more simply by explicitly increasing marginal tax rates for high-income filers and converting selected deductions and exclusions into tax credits,” TPC said.

Additionally, Clinton’s proposals “would raise marginal tax rates on labor and capital, thus reducing incentives to work, save, and invest among high-income households,” the group said.

Clinton’s campaign told TPC that the candidate intends to release more proposals in the future aimed at cutting taxes for low- and middle-income families. These proposals were not included in TPC’s analysis.

In contrast with Clinton’s revenue-raising plan, TPC estimated that the tax plans of GOP presidential candidates Donald Trump, Marco Rubio and Ted Cruz would lower revenue by trillions of dollars.

TPC’s analysis of the tax plan of Clinton’s rival for the Democratic nomination, Bernie Sanders Bernie SandersMcConnell accuses Democrats of sowing division by 'downplaying progress' on election security The Hill's Campaign Report: Arizona shifts towards Biden | Biden prepares for drive-in town hall | New Biden ad targets Latino voters Why Democrats must confront extreme left wing incitement to violence MORE, will be released Friday.