Here is the 2015 update.  It separates the various components of income, tax, and transfer programs across quantiles, providing a deeper picture of how they have changed.  One thing that jumps out is the category that makes a difference in … Continue reading →

David Henderson has comprehensive federal tax brackets (before whatever it is Congress may pass before 2017 ends) by income, courtesy of the CBO. These include payroll taxes, as well as estimated tax incidence of corporate taxes.   Here’s the description … Continue reading →

Using Tax Data to Measure Long Term Trends in Income Inequality makes further adjustments for the 1986 tax reform and corporate income. Unsurprisingly, this significantly reduces the increases in income inequality. Continue reading →

The public debate about inequality and income growth sometimes seems entirely focused on intra-country differences, and ignores the global trend of decreasing inequality.  In my reading on the subject I came across this graph, used in more than one article … Continue reading →

In prior posts I’ve noted that some of the measured inequality trend is actually an artifact of where income is reported.  Particularly after the 1986 tax reform, income has moved steadily from corporate returns to individual returns, exaggerating the growth … Continue reading →