文档介绍：The Design of the Tax System
Chapter 12
“In this world nothing is certain but death and taxes.” . . . Benjamin Franklin
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1789
Taxes paid in Ben Franklin’s time accounted for 5 percent of the average American’s e.
“In this world nothing is certain but death and taxes.” . . . Benjamin Franklin
0
20
40
60
80
100
1789
Today
Today, taxes account for up to a third of the average American’s e.
Government Revenue as a Percentage of GDP
Central Government Tax Revenue as a Percent of GDP
The Federal Government
The . federal government collects about two-thirds of the taxes in our economy.
The Federal Government
The largest source of revenue for the federal government is the individual e tax.
Tax Liability
With respect to paying e taxes, an individual’s tax liability (how much he/she owes) is based on total e.
Individual e Taxes
The marginal tax rate is the tax rate applied to each additional dollar of e.
Higher-e families pay a larger percentage of their e in taxes.
Federal e Tax Rates: 1999