CBO's Assessment of the Economic Outlook Over the Next Decade

Presentation by Wendy Edelberg, CBO’s Assistant Director for Macroeconomic Analysis, at the University of Michigan’s 63rd Annual Economic Outlook Conference

    

Effective Marginal Tax Rates for Low- and Moderate-Income Workers in 2016

In 2016, low- and moderate-income workers will face an effective marginal tax rate of 31 percent, on average. Federal individual income and payroll taxes will be the main contributors.

    


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