Tax Policy

Taxing the Rich

By ·July 9, 2019
Reed College

The Issue:

Many Americans have not felt the benefits of strong GDP growth in recent decades, as thirty-five years of rising income inequality have concentrated the income growth at the top of the distribution. While the federal income tax system is progressive, it has failed to counter these trends, and some of

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The Distributional Effects of Fiscal Policy (VIDEO)

By and ·April 28, 2019
The Brookings Institution and The Fletcher School, Tufts University

In this video, William G. Gale of The Brookings Institution, and EconoFact co-founder Michael Klein discuss the distributional effects of fiscal policy and the progressivity of the US tax system. 

The combination of tax and spending policies in the United States is progressive - but less so than in major European
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Policy Implications from Rising Economic Inequality

By and ·November 13, 2018
Reed College and University of California, Berkeley

The Issue:

A marked increase in income inequality has been a defining characteristic of the U.S. economy of the past several decades. Progressive tax policy and a social safety net that invests in those at the bottom of the income distribution play a role in mitigating widening inequality in the United States. ...
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The Capital Gains Tax and Inflation

By ·August 13, 2018
Brandeis University

The Issue:

The United States Treasury Department is reportedly studying whether it can issue regulations that would allow taxpayers to account for inflation when calculating taxes on capital gains. Such a change has been considered in the past. Taxing savings, like taxing any economic activity, distorts the functioning ...
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