How should distributional tables be interpreted? Q.How should distributional tables be interpreted? A.Distributional tables provide important and useful information, but may be misinterpreted. Keep six key questions in mind to correctly interpret the results. Read more about How should distributional tables be interpreted?
What is the difference between marginal and average tax rates? Q.What is the difference between marginal and average tax rates? A.Average tax rates measure tax burden, while marginal tax rates measure the impact of taxes on incentives to earn, save, invest, or spend an additional dollar. Read more about What is the difference between marginal and average tax rates?
Who bears the burden of federal excise taxes? Q.Who bears the burden of federal excise taxes? A.Workers, owners of capital, and households that consume a disproportionate amount of taxed items all bear the burden of federal excise taxes. Read more about Who bears the burden of federal excise taxes?