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Income Inequality and the U.S. Tax System (CRS Report for Congress)

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Release Date Revised Jan. 6, 2009
Report Number RL34155
Report Type Report
Authors Thomas L. Hungerford, Specialist in Public Finance
Source Agency Congressional Research Service
Older Revisions
  • Premium   Sept. 4, 2007 (25 pages, $24.95) add
Summary:

This report examines how incomeinequality interacts with the parameters of the U.S. tax system. The long-term trendin inequality and how this may be related to taxable income and tax revenues is examined. In addition, the implications of rising inequality for tax policy areinvestigated through illustrative tables.