approach to examine the consequences of increases in the generosity of the Earned Income Tax Credit (EITC), a work …

We study the persistent effects of temporary changes in U.S. federal corporate and personal income tax rates using a … narrative identification approach. A corporate income tax cut leads to a sustained increase in GDP and productivity, with peak … employment are much less affected. In contrast, personal income tax cuts trigger a short-lived boost to GDP, productivity and …

We estimate the extensive and intensive margin labor supply response to the monthly Child Tax Credit disbursed in 2021 …

have gained traction in recent years. We examine the impact of the Earned Income Tax Credit on the labor force outcomes of …

directed toward this sector are tax policies. Yet most economic analysis of the optimal tax treatment of charitable giving is … ad hoc, treating it as a subject unto itself. This article advances a different approach: integrating the tax treatment … of charitable giving into the optimal income tax framework that has been developed over the past half century. The …

The largest tax-based social welfare programs in the US limit their benefits to taxpayers with labor market income … tax benefits on work -- the parameter at the center of recent debates about the labor supply consequences of reforming … results suggest expanding tax benefits for low-income children need not meaningfully reduce labor force participation …

This paper rethinks the design of the income tax by assuming that the objective of the tax is not to redistribute from … earnings, a motivation for the tax proposed in Buchanan (1976). The income tax provides insurance by collecting money on net … states to offer heterogeneous tax/transfer programs, each state attracting a different clientele in the population. Given the …

counterfactuals. Using the 2008 tax rebate as a case study, we calibrate a standard medium-scale New Keynesian model with the …

We examine the measurement of tax expenditures, as well as review issues concerning the classification of tax … estimating tax expenditures. Unlike most previous work on the topic, we focus on how features of the current tax system including … the alternative minimum tax and sunset rules complicate and compromise the value of information provided by the tax …