Tag Archives: Tax

Business in the United States: Who Owns it and How Much Tax Do They Pay?

“Pass-through” businesses like partnerships and S-corporations now generate over half of U.S. business income and account for over half of the post-1980 rise in the top- 1% income share. We use administrative tax data from 2011 to identify pass-through business … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

Is the EITC as Good as an NIT? Conditional Cash Transfers and Tax Incidence

From Jesse Rothstein: The EITC is intended to encourage work. But EITC-induced increases in labor supply may drive wages down. I simulate the economic incidence of the EITC. In each scenario that I consider, a large portion of low-income single … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , | 1 Comment

Poverty and the Tax Code

Sorry for light posting – I have been on the road this week and will be done traveling mid- next week. Here’s a nice article from Jason Furman on poverty reduction and tax credits.

Posted in Uncategorized | Tagged , , , | Leave a comment

Tax Earnings Where Products Are Sold

From Alan Auerbach on corporate taxes: More than a century old, our corporate tax is showing its age. To modernize it, the basic challenge is to implement a corporate tax that is fair and provides sufficient revenue while making the … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment