This paper investigates the effects of the Low Income Housing Tax Credit (LIHTC) on residents of buildings qualifying for the credit. Specifically, it analyzes whether individuals who grow up in LIHTC housing are more likely to enroll in post-secondary education programs and have higher earnings...

Robert C. Pozen is a senior fellow at the Brookings Institution and a senior lecturer at Harvard Business School. Lucas W. Goodman is a research assistant for Pozen. The authors are grateful to Alan Auerbach, Ted Buerger, Marc Goldwein, Don Marron, Jim Poterba, Richard Skillman, Alvin Warren,...

We consider the short-run responses of businesses and their owners to the introduction of Section 199A, a deduction implemented in 2018 that reduced the effective tax rate on pass-through business income. We study the deduction using several datasets derived from de-identified tax records of...

Retirement savings abandonment is a rising concern connected to defined contribution systems and default enrollment. We use tax data on Individual Retirement Accounts (IRAs) to establish that in 2017, 2.7% of 72.5 year-old account-holders in total abandoned $790 million; the median abandoned...