Government Information

Earl Gregg Swem Library

The Distribution of Household Income and Federal Taxes, 2013

Categories: Headlines,Income/Poverty,Retirement/Social Security,Statistics,Taxes

https://www.cbo.gov/sites/default/files/114th-congress-2015-2016/reports/51361-

HouseholdIncomeFedTaxes.pdf

Analyzes the distribution of household income and four types of federal taxes to determine average after-tax income and the average federal tax rate.  Also examines the uneven distribution of income across households.  Finds that tax increases reduced income inequality slightly.  From the Congressional Budget Office