Taxing business income: Evidence from the Survey of Consumer Finances
Update: 2022-01-11
Description
On January 11, the Urban-Brookings Tax Policy Center hosted an event on this divergence between economic and taxable income and its implications for tax policy. Results from new research using the Survey of Consumer Finances will be presented with an eye towards understanding which forms of income do not show up on tax forms, where in the income distribution that divergence is occurring, and the revenue implications of broadening the business income tax base.
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