From one and a half years ago, a primer on what tax distribution tables are good for from Equitable Growth's newly-anointed chief economist: Greg Leiserson: If U.S. Tax Reform Delivers Equitable Growth, a Distribution Table Will Show It: "Distribution tables���estimates of who wins and who loses from changes in tax law���are central to any debate about tax reform. Such analyses frequently show the plans put forward by Republican politicians to be severely regressive, delivering large income gains for high-income families and little for the overwhelming majority of families. The blueprint for tax reform released by House Republicans in 2016, for example, would increase after-tax incomes for the top 1 percent of families by 13 percent in the first year after enactment but would increase incomes for the bottom 95 percent of families by less than half of 1 percent...
#noted
Published on July 14, 2019 16:33