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来源类型 | Research Report |
规范类型 | 报告 |
Winners and Losers After Paying for the Tax Cuts and Jobs Act | |
William G. Gale; Surachai Khitatrakun; Aaron Krupkin | |
发表日期 | 2017-12-07 |
出版年 | 2017 |
语种 | 英语 |
概述 | Tax cuts often look like “free lunches” for taxpayers, but they eventually have to be paid for with other tax increases or spending cuts. We examine the distributional effects – with and without financing – of both the House and Senate versions of the Tax Cuts and Jobs Act. When ignoring financing, the bills would be regressive; most households would be better off, but the highest income households would |
摘要 | Tax cuts often look like “free lunches” for taxpayers, but they eventually have to be paid for with other tax increases or spending cuts. We examine the distributional effects – with and without financing – of both the House and Senate versions of the Tax Cuts and Jobs Act. When ignoring financing, the bills would be regressive; most households would be better off, but the highest income households would generally receive the largest percentage boosts in after-tax income. Including financing – based on either equal costs per household or an equal proportion of each household’s income – would make the overall plan far more regressive and would leave the vast majority of households worse off than they would be if the tax cuts were not implemented in the first place. If financing were proportional to households’ current income tax liability, the results would be more mixed. These results show how important the method of financing is to understanding the ultimate distributional effects of tax proposals. |
主题 | Taxes and Budget |
URL | https://www.urban.org/research/publication/winners-and-losers-after-paying-tax-cuts-and-jobs-act |
来源智库 | Urban Institute (United States) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/480017 |
推荐引用方式 GB/T 7714 | William G. Gale,Surachai Khitatrakun,Aaron Krupkin. Winners and Losers After Paying for the Tax Cuts and Jobs Act. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
winners_and_losers_a(760KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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