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Using bracket creep to raise revenue: a bad idea whose time has passed

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  • David E. Altig
  • Charles T. Carlstrom

Abstract

An argument that raising federal revenues through suspending indexation of the personal income-tax code is inefficient in that it is inferior to direct increases in marginal tax rates.

Suggested Citation

  • David E. Altig & Charles T. Carlstrom, 1993. "Using bracket creep to raise revenue: a bad idea whose time has passed," Economic Review, Federal Reserve Bank of Cleveland, vol. 29(Q II), pages 2-11.
    • Handle: RePEc:fip:fedcer:y:1993:i:qii:p:2-11:n:v.29no.2
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    File URL: http://www.clevelandfed.org/Research/Review/1993/93-q2-altig.pdf
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    References listed on IDEAS

    as
    1. David E. Altig & Jagadeesh Gokhale, 1993. "An overview of the Clinton budget plan," Economic Commentary, Federal Reserve Bank of Cleveland, issue Mar.
    2. John A. Tatom, 1985. "Federal income tax reform in 1985: indexation," Review, Federal Reserve Bank of St. Louis, vol. 67(Feb), pages 5-12.
    3. David E. Altig & Charles T. Carlstrom, 1991. "Bracket creep in the age of indexing: have we solved the problem?," Working Papers (Old Series) 9108, Federal Reserve Bank of Cleveland.
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    Citations

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    Cited by:

    1. Charles T. Carlstrom & David Altig, 1999. "Marginal Tax Rates and Income Inequality in a Life-Cycle Model," American Economic Review, American Economic Association, vol. 89(5), pages 1197-1215, December.
    2. G. Dean Crader & Joseph H. Haslag, 2019. "Computing state average marginal income tax rates: An application to Missouri," Growth and Change, Wiley Blackwell, vol. 50(1), pages 424-445, March.
    3. Junyi Zhu, 2014. "Bracket Creep Revisited - with and without r > g: Evidence from Germany," Journal of Income Distribution, Ad libros publications inc., vol. 23(3), pages 106-158, November.
    4. Heer, Burkhard & Süssmuth, Bernd, 2013. "Tax bracket creep and its effects on income distribution," Journal of Macroeconomics, Elsevier, vol. 38(PB), pages 393-408.
    5. Felipe Larraín, "undated". "Estabilización, Tipo de Cambio Real e Ingresos Fiscales," Documentos de Trabajo 173, Instituto de Economia. Pontificia Universidad Católica de Chile..
    6. Felipe Larraín, 1997. "Estabilización, Tipo de Cambio e Ingresos Fiscales: El Contexto Latinoamericano," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 34(102), pages 161-188.

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