Federal Budget and Economy

T03-0200 - The 2001 and 2003 Tax Cuts for Representative Families By Type of Filer for Tax Year 2003

2003 tax cuts, in dollars, for hypothetical families (single, married, and head of household) at various income levels. The table shows the impact of both the 2001 tax act (EGTRRA) and 2003 tax act (JGTRRA).
January 1, 2004
Federal Budget and Economy

T03-0201 - Tax Liability Of Representative Families Before and After the 2001 and 2003 Tax Cuts, by Type Of Filer in Tax Year 2003

2003 individual income tax liability, in dollars, for hypothetical families (single, married, and head of household) at various income levels. The table shows the level of liability before and after the 2001 tax act (EGTRRA) and 2003 tax act (JGTRRA).
January 1, 2004
Federal Budget and Economy

T03-0202 - The 2001 and 2003 Tax Cuts for Representative Families as a Percent

2003 tax cuts, measured as a percent of after-tax income, for hypothetical families (single, married, and head of household) at various income levels. The table shows the impact of both the 2001 tax act (EGTRRA) and 2003 tax act (JGTRRA).
January 1, 2004
Federal Budget and Economy: Brief

Searching for a Just Tax System

Despite the intensity of the debate over President Bush's tax policies, all political factions seem to agree that tax and spending programs should, on average, distribute economic resources from the rich to the poor. The arguments involve the amount of redistribution; only fringe groups ask whether
December 31, 2003Rudolph G. Penner
State and Local Issues: Main Features of State Tax Systems

State Income Tax Thresholds for Two-Parent Families of Four, 2000, 2005, and 2011

minimum income for which a two-parent family of four must pay states taxes in 2000 and 2005.
December 23, 2003
: Current Law

T03-0215 - Number of Tax Units by Tax Bracket, 2003

2003 Distribution of the number of tax units by statutory marginal tax bracket.
December 18, 2003
: Current Law

T03-0213 - Composition of AGI by Tax Bracket, 2003

2003 Distribution by statutory marginal tax bracket of the composition of adjusted gross income (wages and salaries, dividends, capital gains, etc.).
December 18, 2003
: Current Law

T03-0214 - Percent Distribution of Tax Units Within Each Tax Bracket By Share of AGI From Business Income, 2003

2003 Distribution by statutory marginal tax bracket of the percent of returns claiming various amounts of small business income.
December 18, 2003
: Current Law

T03-0211 - Composition of AGI by Percentiles, 2003

2003 Distribution by percentiles of the composition of adjusted gross income (wages and salaries, dividends, capital gains, etc.).
December 15, 2003
: Current Law

T03-0212 - Percent Distribution of Tax Units Within Each Income Class By Share of AGI From Business Income, 2003

2003 Distribution by percentiles of the percent of returns claiming various amounts of small business income.
December 15, 2003
Federal Budget and Economy: Brief

The Incredible Shrinking Budget for Working Families and Children

Programs for working families and children are scheduled to shrink rapidly over the next few years, squeezed between rising expenditures on programs for the elderly and declines in tax revenues. This scenario will play out even if only modest defense and international needs are factored into the
December 1, 2003C. Eugene Steuerle
Individual Taxes: Brief

Pensions, Health Insurance, and Tax Incentives

In 2001, Congress significantly expanded the scope of Individual Retirement Accounts (IRA). This paper uses variation in IRA eligibility rules in the 1980s and 1990s to determine whether more widespread access to IRAs undermines traditional employer-sponsored pensions, especially 401(k)-type plans
December 1, 2003Leonard E. BurmanRichard W. JohnsonDeborah Kobes
Federal Budget and Economy: Current Law

T03-0167 - Pre-EGTRRA Distribution of Individual Income and Payroll Tax Burden By Income Class, 2003

2003 Distribution by AGI of individual income and payroll taxes assuming pre-2001 tax act (pre-EGTRRA) law.
November 25, 2003
Federal Budget and Economy: Current Law

T03-0168 - Current-Law Distribution of Individual Income and Payroll Tax Burden By Income Class, 2003

2003 Distribution by AGI of individual income and payroll taxes under current law.
November 25, 2003
Federal Budget and Economy: Current Law

T03-0169 - Pre-EGTRRA Distribution of Individual Income and Payroll Tax Burden By Income Class, 2006

2006 Distribution by AGI of individual income and payroll taxes assuming pre-2001 tax act (pre-EGTRRA) law.
November 25, 2003
Federal Budget and Economy: Current Law

T03-0171 - Pre-EGTRRA Distribution of Individual Income and Payroll Tax Burden By Income Class, 2010

2010 Distribution by AGI of individual income and payroll taxes assuming pre-2001 tax act (pre-EGTRRA) law.
November 25, 2003
Federal Budget and Economy: Current Law

T03-0205 - Pre-EGTRRA Distribution of Individual Income and Payroll Tax Burden By Percentiles, 2003

2003 Distribution by percentiles of individual income and payroll taxes assuming pre-2001 tax act (pre-EGTRRA) law.
November 25, 2003
Federal Budget and Economy: Current Law

T03-0206 - Current-Law Distribution of Individual Income and Payroll Tax Burden By Percentiles, 2003

2003 Distribution by percentiles of individual income and payroll taxes assuming current law.
November 25, 2003
Federal Budget and Economy: Current Law

T03-0207 - Pre-EGTRRA Distribution of Individual Income and Payroll Tax Burden By Percentiles, 2006

2006 Distribution by percentiles of individual income and payroll taxes assuming pre-2001 tax act (pre-EGTRRA) law.
November 25, 2003
Federal Budget and Economy: Current Law

T03-0209 - Pre-EGTRRA Distribution of Individual Income and Payroll Tax Burden By Percentiles, 2010

2010 Distribution by percentiles of individual income and payroll taxes assuming pre-2001 tax act (pre-EGTRRA) law.
November 25, 2003
Federal Budget and Economy: Current Law

T03-0210 - Current-Law Distribution of Individual Income and Payroll Tax Burden By Percentiles, 2010

2010 Distribution by percentiles of individual income and payroll taxes assuming current law.
November 25, 2003
Federal Budget and Economy: Current Law

T03-0208 - Current-Law Distribution of Individual Income and Payroll Tax Burden By Percentiles, 2006

2003 Distribution by percentiles of individual income and payroll taxes assuming current law.
November 25, 2003
Federal Budget and Economy: Current Law

T03-0170 - Current-Law Distribution of Individual Income and Payroll Tax Burden By Income Class, 2006

2006 Distribution by AGI of individual income and payroll taxes assuming current law.
November 25, 2003
Federal Budget and Economy: Current Law

T03-0172 - Current-Law Distribution of Individual Income and Payroll Tax Burden By Income Class, 2010

2010 Distribution by AGI of individual income and payroll taxes assuming current law.
November 25, 2003
Individual Taxes: Research report

Taxes and Income Volatility

In a tax system with increasing marginal tax rates, the tax increase from a boost to income is at least equal to the tax reduction from a decline in income and is larger if the change in income crosses a marginal tax bracket. As a result, people with volatile incomes may pay more tax than people
November 24, 2003Peter Orszag