|
Activity Number:
|
408
|
|
Type:
|
Topic Contributed
|
|
Date/Time:
|
Wednesday, August 9, 2006 : 10:30 AM to 12:20 PM
|
|
Sponsor:
|
Section on Government Statistics
|
| Abstract - #306587 |
|
Title:
|
Analysis of the Distributions of Income, Taxes, and Payroll Taxes via Cross-Section and Panel Data
|
|
Author(s):
|
Thomas Petska*+ and Michael Strudler and Ryan Petska
|
|
Companies:
|
Internal Revenue Service and Internal Revenue Service and Ernst & Young LLP
|
|
Address:
|
P.O. Box 2608, Washington, DC, 20013-2608,
|
|
Keywords:
|
income distribution ; tax burden ; administrative records
|
|
Abstract:
|
Administrative records from tax returns are a reliable source of information for the distribution of personal income and tax burdens. This paper is the seventh in a series examining trends in the distribution of individual income and taxes based on a consistent and comprehensive measure of income derived from individual income tax returns. In this analysis, we examine changes in the income distribution and tax burdens between 1996--2003, including the effects of federal income and social security payroll taxes on the after-tax distribution of income. In addition, we estimate Lorenz curves and Gini coefficients to see how income inequalities have changed. For this study, we use a cross section of returns to study how incomes and taxes change for individuals. We also examine panel data using an imbedded subset of the cross-sectional returns for 1998--2003.
|
