Variable Earnings and Nonlinear Taxation

A-Tier
Journal: Journal of Human Resources
Year: 1987
Volume: 22
Issue: 3

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Tax and transfer programs transform before-tax income into after-tax income. Income is variable and the tax and transfer system is nonlinear-i.e., marginal tax rates vary. We show that, as a consequence, the tax and transfer system punishes (and rewards) income variability. We calculate the effect of the nonlinearity for several components of the U.S. tax and transfer system, focusing on the low-income population. We find that the system rewards variability for some individuals and penalizes it for others. We conclude that the tax and transfer system punishes and rewards variability in a manner that is both substantial and capricious.

Technical Details

RePEc Handle
repec:uwp:jhriss:v:22:y:1987:i:3:p:405-421
Journal Field
Labor
Author Count
2
Added to Database
2026-01-26