Income taxation of US households: Facts and parametric estimates

Nezih Guner, Remzi Kaygusuz, Gustavo Ventura

Research output: Contribution to journalArticleScientificpeer-review

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 languageEnglish
Pages (from-to)559-581
JournalReview of Economic Dynamics
Volume17
Issue number4
DOIs
Publication statusPublished - Oct 2014
Externally publishedYes

Fingerprint

Tax
Household
Income taxation
Income
Marital status
Liability
Property tax
Macroeconomics
Public finance
Micro data
Revenue
Joint distribution

Keywords

  • Taxation
  • Tax progressivity
  • Households

Cite this

Guner, Nezih ; Kaygusuz, Remzi ; Ventura, Gustavo. / Income taxation of US households : Facts and parametric estimates. In: Review of Economic Dynamics. 2014 ; Vol. 17, No. 4. pp. 559-581.
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Income taxation of US households : Facts and parametric estimates. / Guner, Nezih; Kaygusuz, Remzi; Ventura, Gustavo.

In: Review of Economic Dynamics, Vol. 17, No. 4, 10.2014, p. 559-581.

Research output: Contribution to journalArticleScientificpeer-review

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