Average marginal tax rates revisited

• 成果类型: Article
• 署名作者: Stephenson, EF
• 署名单位: North Carolina State University
• 刊物名称: JOURNAL OF MONETARY ECONOMICS
• ISSN/ISSBN: 0304-3932
• DOI: 10.1016/S0304-3932(97)00081-0
• 发表日期: 1998
• 页码: 389-409
• 关键词: average marginal tax rates; Social Security

摘要

I revise and update through 1994 the estimated average marginal income and Social Security tax rates of Seater (1982) [Marginal federal personal and corporate income tax rates in the US, 1909-1975. Journal of Monetary Economics, 10, 361-381], Seater (1985) [On the construction of marginal federal personal and social security tax rates in the US. Journal of Monetary Economics, 15, 121-135] and Barro and Sahasakul (1983) [Measuring the average marginal tax rate from the individual income tax. Journal of Business, 56, 419-452] and Barro and Sahasakul (1986) [Average marginal tax rates on social security and the individual income tax. Journal of Business, 59, 555-566], and I introduce a return-weighted Social Security tax rate. Since 1981, the average marginal effective income tax rate has declined from about 16% to 12%; however, the combined federal tax burden remains high by historic standards because the average marginal Social Security tax rate has increased from about 5% to about 6.5%. (C) 1998 Elsevier Science B.V. All rights reserved.