Social Sciences
6 years ago

Tax cuts lead to higher taxable income, reshaping tax policy debates.

RePEc: Research Papers in Economics
Effect of Marginal Tax Rates on Taxable Income: A Panel Study of the 1986 Tax Reform Act
Martin Feldstein

Paper Summary

Related papers

Theme background image
Social Sciences
4 years ago

Barbados Tax Cuts Lead to Decrease in Taxable Income, Especially for Women.

Gender Inequality
Infrastructure Impact
Tax Evasion
Economics, Econometrics and Finance
4 years ago

Tax cuts for the rich widen income gap, burden middle class

Infrastructure Impact
Tax Evasion
Gender Inequality
1 view
Economics, Econometrics and Finance
4 years ago

Norwegian Tax Reform Leads to Lower Income Responses Compared to U.S.

Infrastructure Impact
Gender Inequality
Retirement Planning
1 view

The study looked at how changes in tax rates affect how much money people report on their taxes. They used data from over 4,000 taxpayers before and after a tax reform in 1986. The results show that when tax rates go up, people tend to report less income on their taxes. This means that the amount of money people say they earn can change depending on how much they have to pay in taxes. The findings suggest that tax rate changes can have a big impact on how much money people report on their taxes.