Research Report Treasury's New Distribution Presentation
Leonard E. Burman
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The Department of the Treasury recently released a distribution table, which shows how income tax liabilities would change under President Bush's tax plan. This release, a positive step, represents the Administration's acknowledgment that the distribution of tax burdens is important in assessing the merits of a tax proposal. However, Treasury departed from previous practice in presenting this information. This note discusses the implications of those changes, and presents an alternative interpretation of the data.
Research Areas Taxes and budgets
Tags Individual taxes Federal budget and economy