Search
- Report
CBO analyzes the distribution of most federal spending—including transfers such as Social Security benefits—and almost all federal revenues among U.S. households in 2006. Results are provided by type of household and by income group.
- Report
In 2013, the benefits of 10 of the largest tax expenditures will equal 11.7 percent of income for households in the lowest income quintile, 9.4 percent for the highest quintile, and under 8 percent for the middle quintiles, CBO estimates.
- Working Paper
Taxation of Owner-Occupied and Rental Housing
- Presentation
Ed Harris, Principal Analyst, Frank Sammartino, Assistant Director for Tax Analysis, presentation to the NBER Conference on Research in Income and Wealth
- Report
The recent recession had an impact on income, amount of taxes owed, and average tax rates. Changes in households’ before-tax income and average tax rates in 2008 and 2009 were substantial and differed across the income distribution.
- Presentation
Presentation to the National Tax Association 2012 Spring Symposium View more presentations from Congressional Budget Office
- Report
CBO finds that, between 1979 and 2007, income grew by: 275 percent for the top 1 percent of households; 65 percent for the next 19 percent; just under 40 percent for the next 60 percent; and 18 percent for the bottom 20 percent.
- Blog Post
From 1979 to 2007, real (inflation-adjusted) average household income, measured after government transfers and federal taxes, grew by 62 percent. That growth was not equal across the income distribution: Income after government transfers and federal taxes (denoted as after-tax income) for households at the higher end of the income scale rose much more rapidly than income for households in the middle and at the lower end of the income scale.
- Report
This study documents changes in the level and distribution of hourly wages in the United States between 1979 and 2009. It also reviews the research literature on important factors that most likely underlie the observed trends in wages.
- Report
The accompanying tables update annual estimates by CBO of average tax rates and compare those estimates for 2007 with estimates from 2006.