U.S. tax progressivity and redistribution David Splinter
By: Splinter, David
.
Material type: 
ArticlePublisher: 2020Subject(s): RENTA | REDISTRIBUCION | IMPUESTOS | PROGRESIVIDAD | TIPOS DE GRAVAMEN | POLITICA FISCAL | ESTADOS UNIDOS
In:
National Tax Journal v. 73, n. 4, December 2020, p. 1005-1024Summary: U.S. federal taxes have become more progressive since 1979, largely due to more generous tax credits for lower income individuals. Though top statutory rates fell substantially, this affected few taxpayers and was offset by decreased use of tax shelters, such that high-income average tax rates have been relatively stable. Redistribution, which accounts for both taxes and transfers, has also increased according to Congressional Budget Office data. Measures of progressivity and redistribution, however, capture different aspects of policy. Over the longer run, earlier decreases suggest a U-shaped tax progressivity curve since WWII, with the minimum occurring in 1986.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Artículos | IEF | IEF | OP 233/2020/4-4 (Browse shelf) | Available | OP 233/2020/4-4 |
Browsing IEF Shelves Close shelf browser
| No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | ||
| OP 233/2020/4-14 Profit shifting before and after the Tax Cuts and Jobs Act | OP 233/2020/4-2 Taxes as pandemic controls | OP 233/2020/4-3 Effective tax rates by income and wealth class | OP 233/2020/4-4 U.S. tax progressivity and redistribution | OP 233/2020/4-5 Taxing book profits | OP 233/2020/4-6 The tax elasticity of financial statement income | OP 233/2020/4-7 Corporate tax preferences before and after the Tax Cuts and Jobs Act of 2017 |
Resumen.
Bibliografía.
U.S. federal taxes have become more progressive since 1979, largely due to more generous tax credits for lower income individuals. Though top statutory rates fell substantially, this affected few taxpayers and was offset by decreased use of tax shelters, such that high-income average tax rates have been relatively stable. Redistribution, which accounts for both taxes and transfers, has also increased according to Congressional Budget Office data. Measures of progressivity and redistribution, however, capture different aspects of policy. Over the longer run, earlier decreases suggest a U-shaped tax progressivity curve since WWII, with the minimum occurring in 1986.
Click on an image to view it in the image viewer
There are no comments for this item.