Search
- Report
CBO examined how the benefits from major tax expenditures in the individual income tax and payroll tax systems were distributed among households in different income groups in 2019.
- Blog Post
CBO’s Director, Phillip Swagel, discusses the agency’s budget and economic analysis during the pandemic.
- Presentation
Presentation by Phillip Swagel, CBO’s Director, at Brown University.
- Working Paper
This paper examines how the federal budget deficit would have differed in 2018 under four scenarios that vary the distribution of labor earnings while leaving aggregate earnings unchanged.
- Presentation
Presentation by Bilal Habib, an analyst in CBO’s Tax Analysis Division, at the Bureau of Labor Statistics' 2021 Consumption Symposium.
- Working Paper
Distributional Effects of Reducing Carbon Dioxide Emissions With a Carbon Tax: Working Paper 2021-11
This paper describes CBO’s method for measuring the distributional effects of a tax on carbon emissions and the agency’s rationale for choosing that method, while also comparing it with CBO’s prior method and methods used by other researchers.
- Presentation
CBO provides technical details about its methods for projecting the effect of climate change on the growth of real gross domestic product.
- Report
In 2018, average household income after accounting for means-tested transfers and federal taxes was $37,700 among households in the lowest quintile and $243,900 among households in the highest quintile.
- Working Paper
This working paper combines theory and existing empirical evidence to revisit the extent to which payroll taxes are passed through to employees. The estimates rely on stylized models and are complemented by a discussion of the empirical literature on payroll tax incidence.
- Report
CBO outlines the main channels by which climate change and policies intended to mitigate or adapt to it affect the federal budget. Climate change increases budget deficits; investments in mitigation or adaptation could reduce those costs.