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~ Download Ebook Who Bears the Lifetime Tax Burden?, by Don Fullerton, Diane Lim Rogers

Download Ebook Who Bears the Lifetime Tax Burden?, by Don Fullerton, Diane Lim Rogers

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Who Bears the Lifetime Tax Burden?, by Don Fullerton, Diane Lim Rogers

Who Bears the Lifetime Tax Burden?, by Don Fullerton, Diane Lim Rogers



Who Bears the Lifetime Tax Burden?, by Don Fullerton, Diane Lim Rogers

Download Ebook Who Bears the Lifetime Tax Burden?, by Don Fullerton, Diane Lim Rogers

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Who Bears the Lifetime Tax Burden?, by Don Fullerton, Diane Lim Rogers

Debates about tax policy arise every year in Washington, and legislative changes occur almost as often. In just the past decade, corporate tax burdens were dramatically reduced and then subsequently increased. But who really bears the burden of taxation? Finding a satisfactory way to address this question remains one of the biggest challenges for economists. While much research has explored this issue using annual data on household incomes and expenditures, this book considers the multiple effects of taxes on individuals over their entire lifetimes.

Since annual incomes typically vary from year to year, and change systematically over the course of a lifetime, annual income is not necessarily a good indicator of a person's relative well-being. Instead, Dianne Rogers and Don Fullerton categorize individuals into lifetime income groups, and re-estimate the pattern of earnings over the lifetime of each group. They utilize a general equilibrium model that encompasses household demands, work effort, and savings, and they calculate the distribution of each current tax. Because their model includes all major U.S. federal, state, and local taxes, it can be used to simulate the effects of changes in any of those taxes on investment, productivity, resource allocation, and the distribution of burdens.

Don Fullerton is professor of economics at the University of Virginia and visiting professor of economics and public policy at Carnegie Mellon, School of Urban and Public Affairs. He served as Deputy Assistant Secretary of the Treasury for Tax Analysis from 1985 to 1987. Diane Lim Rogers is assistant professor of economics at Pennsylvania State University.

  • Sales Rank: #8152389 in Books
  • Brand: Brand: Brookings Institution Press
  • Published on: 1993-04-01
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.50" h x 6.50" w x 1.00" l,
  • Binding: Hardcover
  • 246 pages
Features
  • Used Book in Good Condition

From the Back Cover
The question of who pays the taxes in the United States is of great concern not only to policymakers and economists but to all segments of American society. For many years the Brookings Institution sponsored a statistical research program to aid in understanding thedistribution of tax burdens by income class.

About the Author

Don Fullerton is professor of economics at the University of Texas at Austin. Diane Lim Rogers is assistant professor of economics at Pennsylvania State University.

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