000			01657nab a2200289 c 4500
003			ES-MaIEF
005			20190619163452.0
007			ta
008			190619s2018 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aeng
245		0	_aMore than they realize _b : the income of the wealthy _c Jenny Bourne, Eugene Steuerle, Brian Raub, Joseph Newcomb and Ellen Steele
260			_c2019
500			_aDisponible también en formato electrónico en la Biblioteca del IEF.
500			_aResumen.
504			_aBibliografía.
520			_aIncome realized for tax or survey purposes usually understates economic income for the wealthy because capital income recognition is often voluntary. Using estate tax returns filed in 2007 linked with income tax returns from 2002 to 2006, we find realized returns to capital for most wealthy individuals are less than 2 percent, with the richest filers reporting the lowest returns. Because of tax preferences, taxable returns are even smaller than reported returns. Consequently, studies relying upon realized income tend to overstate tax progressivity, understate income inequality, and miscalculate the distribution of wealth when derived through income-capitalization techniques.
650		4	_aINGRESOS FISCALES _947378
650			_aIMPUESTOS _947460
650			_aCAPITAL _933516
650		4	_aRENTAS ALTAS _947319
650		4	_aDECLARACIONES TRIBUTARIAS _941766
650		4	_aESTADOS UNIDOS _947658
700	1		_967321 _aBourne, Jenny
773	0		_9160558 _oOP 233/2018/2 _tNational Tax Journal _w(IEF)86491 _x 0028-0283 _g v. 71, n. 2, June 2018, p. 335-356
942			_cART
999			_c140766 _d140766