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Empirical model of effects of changes in patterns of apportionment of state corporate income tax is presented.

The UK's Office for National Statistics has introduced a new sample of companies underpinning the Average Earnings Index. The new sample will result in a more stable index and includes greater numbers of large firms and more companies in the service sector. An introduction of up-to-date weights accompanies the new sample and the methodology has also been improved.

Lifetime and annual perspectives. Southern Economic Journal 56:664-75. Johnson, Harry G. 1972. The theory of income distribution. Norwich: Page Bros. Ltd. Johnson, William R., and Edgar K. Browning. 1983. The [...]

Developments in the distribution of income have received much attention over the past decade. Several analysts have argued that income gains have gone almost exclusively to the highest paid 20 percent of the population, leaving no gains to the remaining 80 percent. Joseph H. Haslag and Lori L. Taylor examine developments in income inequality over the past forty years and estimate which factors account for these changes over time. While some researchers have found that income distribution became more equal during the 1950s and 1960s and then less equal after the mid-1970s, haslag and Taylor find evidence that an upward trend in income inequality has been occurring since the early 1950s. They also find that movements in the income inequality measure are mostly determined by persistence; that is, income inequality adjusts gradually. Demographic features account for nearly 25 percent of the variation in income inequality, while policy actions explain less than 15 percent., The patterns of income distribution which gave rise to the prevailing wages inequality in the US and the factors which gave rise to income disparity were traced for a 40-year period. Application of the Theill index indicated that the trend toward income inequality has been increasing since the 1950s although income inequality was found to develop in gradual phases. The top 20% income earners received a substantial share of the income gains in the last 40 years. Demographic factors were found to account for 25% of income variability while fiscal policies accounted for 15% of the income spreads.

There is a view held by some supply-side economists that in general equilibrium, the income effect of a cut in the income tax rate is washed out and only the [...]

THE EFFECT OF SERVICING THE PUBLIC DEBT ON PRIVATE CAPITAL FORMATION The enormous absolute and relative size of recent federal government deficits and the accompanying growth of federal debt have [...]

THE IMPACT OF FEDERAL INCOME TAXES AND CASH TRANSFERS ON THE DISTRIBUTION OF LIFETIME HOUSEHOLD INCOME, 1969-1981 This study addresses two questions. First, how does the size distribution of lifetime [...]

MICRO-BASED EXAMINATION OF THE DEMAND FOR INCOME-REDISTRIBUTION BENEFITS The current U.S. income-redistribution structure is characterized by a hodgepodge of programs. Each program differs by the types of benefits provided--cash or [...]

THE AVERAGE TAX BURDEN AND THE WELFARE IMPLICATIONS OF GLOBAL TAX PROGRESSIVITY The effects of taxes on the distribution of income and social welfare have long been recognized as important. [...]