The Personal Income Tax

 

Lecture Notes

1. Haig-Simons ("Comprehensive") Income
2. Capital Gains : Accrual versus Realization
3. Deductions and Tax Credits
4. The Imputed Income from Owner--Occupied Housing
5. Tax Rate Structure (and the Effects of Clawbacks)
6. Taxation and Saving
7. Dividends

 

 

Figures

1. Figure 1
2. Figure 1a (close-up of Figure 1)
3. Figure 2
4. Figure 3
5. Figure 4
6. Figure 5