A Closer Look at Federal Income Taxes

2 Pages Posted: 7 Dec 2016 Last revised: 29 Apr 2020

See all articles by Fernando M. Martin

Fernando M. Martin

Federal Reserve Banks - Federal Reserve Bank of St. Louis

Date Written: 2016

Abstract

Tax cuts for the middle class, even minor ones, would imply big declines in revenue. Closing the deficit by taxing the rich would require major tax hikes.

Suggested Citation

Martin, Fernando M., A Closer Look at Federal Income Taxes (2016). Economic Synopses, Issue 23, pp. 1-2, 2016, Available at SSRN: https://ssrn.com/abstract=2881205

Fernando M. Martin (Contact Author)

Federal Reserve Banks - Federal Reserve Bank of St. Louis ( email )

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314-444-7350 (Phone)

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