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 language | English (US) |
|---|---|
| Pages (from-to) | 559-581 |
| Number of pages | 23 |
| Journal | Review of Economic Dynamics |
| Volume | 17 |
| Issue number | 4 |
| DOIs | |
| State | Published - Oct 1 2014 |
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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 journal › Article
}
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 -