income distribution

: TaxVox

Effective Income Tax Rates Have Fallen For The Top One Percent Since World War II

For the individual income tax, effective tax rates — measured as federal income tax divided by adjusted gross income (AGI) —have fallen significantly over the...

January 6, 2020Robert McClelland Nikhita Airi

: TaxVox

(Not So) Happy Birthday to the Tax Cuts and Jobs Act

On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act (TCJA), the biggest tax overhaul in the United States in...

December 19, 2018William G. Gale

Campaigns, Proposals, and Reforms: TaxVox

How Progressive is Obama’s Tax Policy?

Has President Obama’s tax policy reduced income inequality? It depends on what you are comparing it to. White House Council of Economic Advisors chief Jason Furman claims that President Obama’s tax policies have sharply reduced inequality. Today’s Washington Post Wonkblog featured some new tables

July 23, 2014Leonard E. Burman

Individual Taxes: TaxVox

Where Are Tax Rates Headed?

Effective tax rates have been rising since 2009 and will continue to rise for a few more years before they flatten out, according to Tax...

December 12, 2013Roberton C. Williams

Individual Taxes: TaxVox

CBO Finds Growing U.S. Income Inequality

Just as President Obama was decrying our nation’s rising income inequality , the Congressional Budget Office provided him with some new ammunition. CBO’s latest report...

December 9, 2013Roberton C. Williams

Individual Taxes: TaxVox

TPC Takes a New Look at Incomes

The Tax Policy Center has changed the way it calculates income . The new definition, which TPC calls “expanded cash income” or ECI, will raise...

July 25, 2013Howard Gleckman