Carlstrom, Charles T.; Altig, David - In: American Economic Review 89 (1999) 5, pp. 1197-1215
In this paper we study the quantitative impact of marginal tax rates on the distribution of income. Our methodology builds on computable general-equilibrium framework. We find that distortions from marginal tax rate changes of the sort implied by the Tax Reform Act of 1986 have sizable effects...
