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Article: Six tax laws later: how individuals' marginal federal income tax rates changed between 1980 and 1995.(Symposium: What Do We Mean by "Taxpayer Relief"?)
- Article from:
- National Tax Journal
- Article date:
- September 1, 1998
- Author:
CopyrightCOPYRIGHT 1998 National Tax Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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INTRODUCTION
The 1980s and 1990s have been extraordinarily turbulent times for federal income tax policy. The income tax was significantly altered seven times: in 1981, 1982, 1984, 1986, 1990, 1993, and 1997, with additional changes made in others years as well.(1) Those changes have modified numerous features of the tax law, including the base, the level and structure of tax rates, the existence and generosity of deductions, exemptions, credits, and other tax expenditures, the indexation provisions for inflation, and other factors.
This paper examines one aspect of those changes: their effect on individuals' marginal tax rates. Data are not yet available ...