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View Research by Author - Lydia Austin


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Composition of Income Reported on Tax Returns in 2012 (Article/Tax Facts)
Lydia Austin , Roberton Williams

As income increases, the composition of income changes substantially. For most taxpayers, salaries and wages contribute the most. But higher-earners typically report income from capital gains and businesses.

Posted to Web: March 02, 2015Publication Date: March 06, 2015

Changes in Income Reported on Federal Tax Returns (Article/Tax Facts)
Roberton Williams, Lydia Austin

The composition of reported income has changed markedly since 1952. Investment income has continued to grow, along with business income, interrupted only by periodic economic downturns. Meanwhile, salaries and wages have declined as a share of income.

Posted to Web: January 07, 2015Publication Date: December 22, 2014

Implications for Changing the Child Tax Credit Refundability Threshold (Article/Tax Facts)
Elaine Maag, Lydia Austin

This Tax Fact explores the child tax credit’s refundability thresholds since its inception. Currently, the CTC is a $1,000-per-child credit that is partially refundable for households earning more than $3,000. This Tax Fact explores the distribution of credits when the refundability threshold rises to $15,000 in 2018, and finds that families in the lowest income quintile would be affected the most.

Posted to Web: July 24, 2014Publication Date: July 24, 2014

Description and Analysis of the Camp Tax Reform Plan (Research Report)
Jim Nunns, Amanda Eng, Lydia Austin

This paper describes the major provisions in the “Tax Reform Act of 2014,” the comprehensive tax reform plan released on February 26, 2014, by Ways and Means Committee Chairman Dave Camp (R-MI). It also presents the Tax Policy Center’s analysis of the plan’s revenue impact beyond the 10-year budget period, distribution of the tax burden, economic incentives, and compliance costs.

Posted to Web: July 08, 2014Publication Date: July 08, 2014

Changes in Tax Revenue Since 1929 (Article/Tax Facts)
Lydia Austin , Roberton Williams

This Tax Fact examines sources of federal and state & local tax revenue, from 1929 to the present. The composition of revenues at all levels of government changed dramatically with World War II, but has remained roughly stable since. At the federal level, payroll taxes have grown dramatically, and individual income taxes remain a major source of revenue. At the state and local level, sales and property taxes account for about one-third of revenues.

Posted to Web: June 16, 2014Publication Date: June 16, 2014


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