-benefit policies stabilized earnings losses. We then evaluate the impact on income-based poverty and inequality and the contribution of … discretionary tax-benefit policies in alleviating the shock. Our analysis shows modest increases in headcount poverty rates and … inequality, and somewhat larger effects on the poverty gap due to lower relative earnings losses of the poor population at the …

the differences across the income distribution and impacts on measures of poverty and inequality. The paper also evaluates … experienced by higher-income households. Additionally, the estimates point to moderate increases in both the headcount poverty … rate and the extent of poverty, as measured by the poverty gap. Automatic stabilizers had a limited effect in cushioning …

Establishing an equitable and efficient tax system is essential for reducing poverty, combating inequality, and …