CBO - Trends in the Distribution of Household Income Between 1979 and 2007

This Congressional Budget Office (CBO) study—prepared at the request of the Chairman and former Ranking Member of the Senate Committee on Finance—documents changes in the distribution of household income between 1979 and 2007. CBO’s analysis examines the distribution of household income before and after government transfers and federal taxes, and it reports the contribution of various income components (such as wages and salaries, capital income, and business income) to the distribution of market income. The study presents information on trends in the distribution of income for all households combined and for households separated on the basis of age and the presence of children. In keeping with CBO’s mandate to provide objective, impartial analysis, this study makes no recommendations. Edward Harris and Frank Sammartino of CBO’s Tax Analysis Division wrote the study. Greg Acs, Nabeel Alsalam, Mark Hadley, Jon Schwabish, and David Weiner, all of CBO, provided helpful comments, as did Sheldon Danziger of the University of Michigan and Tom DeLeire and Tim Smeeding of the University of Wisconsin-Madison. The assistance of external reviewers implies no responsibility for the final product, which rests solely with CBO. Christine Bogusz edited the study, and Sherry Snyder proofread it. Jeanine Rees prepared the study for publication, and Maureen Costantino designed the cover. Monte Ruffin printed the initial copies, and Linda Schimmel coordinated the print distribution. The study is available on CBO’s Web site (www.cbo.gov).

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Zdroj http://cbo.gov/sites/default/files/cbofiles/attachments/10-25-HouseholdIncome.pdf