1.

Record Nr.

UNINA9910698357103321

Autore

Feenberg Daniel R

Titolo

The Deductibility of State and Local Taxes : Impact Effects by State and Income Class / / Daniel R. Feenberg, Harvey S. Rosen

Pubbl/distr/stampa

Cambridge, Mass, : National Bureau of Economic Research, 1985

[Washington, D.C.] : , : Congress of the U.S., Congressional Budget Office, , [2008]

Descrizione fisica

1 online resource : illustrations (black and white);

Collana

NBER working paper series ; no. w1768

Classificazione

E

Altri autori (Persone)

RosenHarvey S

Soggetti

Macroeconomics and Monetary Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

October 1985.

Nota di bibliografia

Includes bibliographical references.

Sommario/riassunto

This paper provides careful estimates of the impact of removing the deductibility of state and local taxes by state andby income class. We show how deductibility affects marginal and average tax rates for both state and federal tax systems. One striking result is that combined federal income tax and state tax burdens would generally fall under the President's tax reform proposal, even for high income people in high tax states.