The current debate has been marked by calls to “improve” the distribution of incomes in the U.S. by “spreading the wealth.”  Policies proposed to do so include: (1) raising taxes on “the rich,” and (2) increasing benefits (including “tax relief for non-taxpayers”) for lower-income households.  Often lost is a detailed understanding of who is at the top and the bottom of the… Read more

HEARING ON ECONOMIC MODELS AVAILABLE TO THE JOINT COMMITTEE ON TAXATION FOR ANALYZING TAX REFORM PROPOSALS _________________________________________ … Read more