Expert Guest, Jacob Kirkegaard argues that US policy makers need to be aware of how any new tax…

Expert Guest, Jacob Kirkegaard argues that US policy makers need to be aware of how any new tax legislation impacts individual incomes and businesses because of rising income inequality in the United States and the relatively limited US social safety. Of the world’s high-income countries, the United States has the least re-distributive government tax and transfer system, mainly because it chooses to redistribute relatively less through direct tax collection and government transfers to low-income American families. https://piie.com/publications/policy-briefs/tax-overhaul-risks-making-us-tax-and-transfer-system-even-more-regressive

Tax Overhaul Risks Making the US Tax and Transfer System (Even) More Regressive
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