Lifetime incidence and the distributional burden of excise taxes
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This article showed that household expenditures on gasoline, alcohol, and tobacco as a share of total consumption are much more equally distributed than expenditures as a proportion of annual income, which implies that low-income households in one year have some chance of being higher income households in other years and significantly affects the estimated distributional burden of excise taxes.Abstract:
This implies that low-income households in one year have some chance of being higher-income households in other years, and significantly affects the estimated distributional burden of excise taxes. This paper shows that household expenditures on gasoline, alcohol, and tobacco as a share of total consumption (a proxy for lifetime income) are much more equally distributed than expenditures as a share of annual income. From a longer-horizon perspective, excise taxes on these goods are therefore much less regressive than standard analyses suggest.read more
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References
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The Extent of Measurement Error in Longitudinal Earnings Data
John Bound,Alan B. Krueger +1 more
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A General Equilibrium Model for Tax Policy Evaluation
TL;DR: In this paper, the authors present a general equilibrium model for the U.S. economy and tax system in a large computer package, including modifications of the tax system, including those raised in current policy debates, such as consumption-based taxes and integration of the corporate and personal income tax systems.
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Welfare Analysis of Tax Reforms Using Household Data
Mervyn A. King,Mervyn A. King +1 more
TL;DR: In this article, a methodology for calculating the distribution of gains and losses from a policy change using data for a large sample of households is discussed, based on the equivalent income function, which is money metric utility defined over observable variables.
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An Investigation of the Extent and Consequences of Measurement Error in Labor-Economic Survey Data
Greg J. Duncan,Daniel H. Hill +1 more
TL;DR: This article found that there appears to be an important correlation between the measurement error in the reports of earnings and the level of job tenure, producing a bias in the estimated payoff to job tenure of roughly 30%.
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The distribution of the tax burden
TL;DR: Browning and Johnson as discussed by the authors developed estimates of the distribution of federal, state, and local government taxes by income class for 1976, and used them to develop a tax burden model.