CBO’s Use of the Income and Payroll Tax Offset in Its Budget Projections and Cost Estimates

Congressional Budget Office

No 58421, Reports from Congressional Budget Office

Abstract: Excise taxes and other types of “indirect†taxes reduce the revenues derived from individual and corporate income taxes and payroll taxes. When CBO and the Joint Committee on Taxation estimate the budgetary effects of changes in indirect taxes, they generally reduce the estimated change in indirect tax revenues by applying an income and payroll tax offset.

JEL-codes: H20 H24 H25 (search for similar items in EconPapers)
Date: 2022-10-04
New Economics Papers: this item is included in nep-acc, nep-pbe and nep-pub
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cbo.gov/system/files/2022-10/58421-tax-offsets.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbo:report:58421

Access Statistics for this paper

More papers in Reports from Congressional Budget Office Contact information at EDIRC.
Bibliographic data for series maintained by ().