Income taxation of U.S. households: Facts and parametric estimates

Nezih Guner, Remzi Kaygusuz, Gustavo Ventura

Research output: Contribution to journalArticle

36 Citations (Scopus)

Abstract

We use micro data from the U.S. Internal Revenue Service to document how Federal Income tax liabilities vary with income, marital status and the number of dependents. We report facts on the distributions of average taxes, properties of the joint distributions of taxes paid and income, and discuss how taxes are affected by marital status and the number of children. We also provide multiple parametric estimates of tax functions for use in applied work in macroeconomics and public finance.

Original languageEnglish (US)
Pages (from-to)559-581
Number of pages23
JournalReview of Economic Dynamics
Volume17
Issue number4
DOIs
StatePublished - Oct 1 2014

Fingerprint

Income taxation
Household
Tax
Income
Marital status
Public finance
Joint distribution
Income tax
Property tax
Macroeconomics
Micro data
Liability
Revenue

Keywords

  • Households
  • Tax progressivity
  • Taxation

ASJC Scopus subject areas

  • Economics and Econometrics

Cite this

Income taxation of U.S. households : Facts and parametric estimates. / Guner, Nezih; Kaygusuz, Remzi; Ventura, Gustavo.

In: Review of Economic Dynamics, Vol. 17, No. 4, 01.10.2014, p. 559-581.

Research output: Contribution to journalArticle

Guner, Nezih ; Kaygusuz, Remzi ; Ventura, Gustavo. / Income taxation of U.S. households : Facts and parametric estimates. In: Review of Economic Dynamics. 2014 ; Vol. 17, No. 4. pp. 559-581.
@article{1a81fad6a27e4f0498ad59ad501fc2d6,
title = "Income taxation of U.S. households: Facts and parametric estimates",
abstract = "We use micro data from the U.S. Internal Revenue Service to document how Federal Income tax liabilities vary with income, marital status and the number of dependents. We report facts on the distributions of average taxes, properties of the joint distributions of taxes paid and income, and discuss how taxes are affected by marital status and the number of children. We also provide multiple parametric estimates of tax functions for use in applied work in macroeconomics and public finance.",
keywords = "Households, Tax progressivity, Taxation",
author = "Nezih Guner and Remzi Kaygusuz and Gustavo Ventura",
year = "2014",
month = "10",
day = "1",
doi = "10.1016/j.red.2014.01.003",
language = "English (US)",
volume = "17",
pages = "559--581",
journal = "Review of Economic Dynamics",
issn = "1094-2025",
publisher = "Academic Press Inc.",
number = "4",

}

TY - JOUR

T1 - Income taxation of U.S. households

T2 - Facts and parametric estimates

AU - Guner, Nezih

AU - Kaygusuz, Remzi

AU - Ventura, Gustavo

PY - 2014/10/1

Y1 - 2014/10/1

N2 - We use micro data from the U.S. Internal Revenue Service to document how Federal Income tax liabilities vary with income, marital status and the number of dependents. We report facts on the distributions of average taxes, properties of the joint distributions of taxes paid and income, and discuss how taxes are affected by marital status and the number of children. We also provide multiple parametric estimates of tax functions for use in applied work in macroeconomics and public finance.

AB - We use micro data from the U.S. Internal Revenue Service to document how Federal Income tax liabilities vary with income, marital status and the number of dependents. We report facts on the distributions of average taxes, properties of the joint distributions of taxes paid and income, and discuss how taxes are affected by marital status and the number of children. We also provide multiple parametric estimates of tax functions for use in applied work in macroeconomics and public finance.

KW - Households

KW - Tax progressivity

KW - Taxation

UR - http://www.scopus.com/inward/record.url?scp=84910120621&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84910120621&partnerID=8YFLogxK

U2 - 10.1016/j.red.2014.01.003

DO - 10.1016/j.red.2014.01.003

M3 - Article

AN - SCOPUS:84910120621

VL - 17

SP - 559

EP - 581

JO - Review of Economic Dynamics

JF - Review of Economic Dynamics

SN - 1094-2025

IS - 4

ER -