The fiscal cliff and the dynamics of income

At the end of 2012, certain income tax policies were set to end and others to become effective. Central among these was the planned expiration of the 2001 and 2003 tax cuts (the "Bush tax cuts"), which had been extended for two years in 2010. [PUBLICATION ABSTRACT]

Saved in:
Bibliographic Details
Published in:Chicago Fed Letter 2014-04 (321), p.1
Main Authors: McGranahan, Leslie, Nohel, Tom
Format: Article
Language:English
Subjects:
Capital gains
Corporate taxes
Dividends
Fiscal policy
Income distribution
Income taxes
Medicare
National income and product accounts
NIPA
Payroll taxes
Securities buybacks
Social security taxes
Stockholders
Tax cuts
Tax Cuts & Jobs Act 2017-US
Tax increases
Tax rates
Wages & salaries
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:At the end of 2012, certain income tax policies were set to end and others to become effective. Central among these was the planned expiration of the 2001 and 2003 tax cuts (the "Bush tax cuts"), which had been extended for two years in 2010. [PUBLICATION ABSTRACT]
ISSN:0895-0164
2163-3592