The Taxable Income Elasticity of High-Income Taxpayers: Evidence from a Long Panel

23 Pages Posted: 22 May 2009

See all articles by Gerald Auten

Gerald Auten

U.S. Department of the Treasury, Office of Tax Analysis (OTA)

David Joulfaian

U.S. Department of the Treasury, Office of Tax Analysis (OTA); Georgetown University - Department of Economics

Date Written: May 18, 2009

Abstract

This paper employs a long panel of income tax returns to examine trends in reported by the wealthy taxpayers over a number of tax reforms spanning the years 1979 through 1995. During this period, a number of tax reforms were enacted, including the Economic Recovery Tax Act of 1981, the Tax Reform Act of 1986, the Omnibus Budget Reconciliation Act of 1990, and the Omnibus Budget Reconciliation Act of 1993. This paper focuses on how the top one percent of the tax filing population responded to changes in income tax rates in these reforms.

Keywords: personal income, tax rates, elasticity

JEL Classification: H21, H31, J22

Suggested Citation

Auten, Gerald and Joulfaian, David, The Taxable Income Elasticity of High-Income Taxpayers: Evidence from a Long Panel (May 18, 2009). Available at SSRN: https://ssrn.com/abstract=1406641 or http://dx.doi.org/10.2139/ssrn.1406641

Gerald Auten

U.S. Department of the Treasury, Office of Tax Analysis (OTA) ( email )

1500 Pennsylvania Ave., N.W.
Washington, DC 22203
United States

David Joulfaian (Contact Author)

U.S. Department of the Treasury, Office of Tax Analysis (OTA) ( email )

1500 Pennsylvania Ave. NW
Washington, DC 20220
United States

Georgetown University - Department of Economics ( email )

37th St NW & O St NW
Washington, DC 20007
United States

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