Guner, Nezih; Kaygusuz, Remzi; Ventura, Gustavo - 2011
We use micro data from the U.S. Internal Revenue Service to document how households' tax liabilities vary with income … more unequally distributed than income. The top 5% (1%) of households account for 54% (34.8%) of total tax liabilities …, while top 5% (1%) of households have 34.8% (20.3%) of total income. We also provide parametric estimates of tax functions …
