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Current Population Reports; Special Studies Volume 26-33

Current Population Reports; Special Studies Volume 26-33


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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. Excerpt: ...taxes totaled $3.8 billion 1n 1980. The comparable figure from the tax simulation model was somewhat higher, $4.2 billion. The higher estimate of Federal retirement tax may have occurred because the CPS wage and salary figure represents the amount received from all jobs, not just Federal employment. Also, there are a number of noncontrlbutory retirement programs within the Federal system which could not be simulated and a small number of employees not covered by any Federal retirement program. Amount of Property Taxes The simulation produced an estimated $32.1 billion 1n property taxes for 1980. This compares with the $27.6 billion figure published in the National Income Accounts by the Bureau of Economic Analysis (BEA). The BEA figure is based on the 1970 census and updated annually using relationships as of that time and 1s likely less accurate than that produced by this simulation. A comparison of simulated CPS and AHS estimates for property taxes on owner-occupied housing 1s shown 1n table F. The AHS estimates exclude condominiums and cooperatives because no property tax data are collected for these types of housing. ESTIMATES OF AFTER-TAX INCOME Tables G through J and detailed tables 1 through 5 summarize some of the results of the after-tax simulation. Included in these tables are comparisons of before-and aftertax income distributions and Income per household member for 1980, comparisons of changes in real household money Income before and after taxes between 1974 and 1980, and estimates of poverty based on after-tax income for 1980. After-Tax Income The data in tables G, H, and I show a summary of comparisons of before-and aftertax Incomes for 1980. Overall, median household income after taxes was $14,550 1n 1980, about 18 percent lower than...


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Product Details
  • ISBN-13: 9781234050504
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 156
  • Spine Width: 8 mm
  • Width: 189 mm
  • ISBN-10: 1234050501
  • Publisher Date: 13 Jan 2013
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 290 gr


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