Tax Policy Center

Experts

Expert

William G. Gale

Codirector

Social Media

Research report

Although the US tax code does not explicitly reference race or ethnicity, the federal individual income tax can create racial disparities when factors that affect tax liability are associated with race. This paper provides new evidence on racial differences in marriage tax penalties and bonuses...

October 31, 2023
Janet HoltzblattSwati JoshiNora CahillWilliam G. Gale
Brief

Although the US tax code does not explicitly reference race or ethnicity, the federal individual income tax can create racial disparities when factors that affect tax liability are associated with race. This paper provides new evidence on racial differences in marriage tax penalties and bonuses...

October 31, 2023
Janet HoltzblattSwati JoshiNora CahillWilliam G. Gale
Working paper

Although it is generally blind with respect to race, the tax code can create racial disparities when factors that affect tax liability are correlated with race. In this working paper, we provide new evidence on racial differences in marriage penalties and bonuses in the income tax, using data...

February 14, 2023
Janet HoltzblattSwati JoshiNora CahillWilliam G. Gale
Testimony

On June 22, 2022, William Gale testified before the House Select Committee on Economic Disparity and Fairness in Growth in a hearing entitled, "Tackling the Tax Code: Evaluating Fairness, Efficiency, and Potential to Spur Inclusive Economic Growth."

June 22, 2022
William G. Gale
Research report

Standard analysis of the corporate income tax assumes shareholders bear the burden of taxes on excess returns. But evidence shows that firms share rents with workers, especially high-income workers, which implies that these workers bear some of the burden as well. Using the Tax Policy Center...

May 10, 2022
William G. GaleSamuel Thorpe
Brief

Legislated changes affecting capital income have dramatically reduced the federal income tax base and revenues over the past 25 years. A significant share of capital income is never subject to tax. The massive “leakage” between the generation of economic income and the reporting of income on tax...

April 20, 2022
William G. GaleSwati JoshiChristopher PulliamJohn Sabelhaus
Research report

More than half of economic income generated by closely held businesses does not appear on tax returns and that ratio has declined significantly over the past 25 years. Tax data alone provide incomplete insights about business income taxation because the incomes reported to the IRS are already...

February 23, 2022
William G. GaleSwati JoshiChristopher PulliamJohn Sabelhaus
Brief

In this policy brief, we explore the tax implications of the fact that most of the economic income generated by closely held businesses (that is, businesses other than corporations) in the United States does not show up on tax forms. Understanding the sources of this discrepancy—including tax...

February 23, 2022
William G. GaleSwati JoshiChristopher PulliamJohn Sabelhaus

From TaxVox

RSS