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2018 Was an Unusual Year for Tax Receipts

By District Economics Group January 3, 2019 Papers and Perspectives

In mid-September we noted that our regular tracking of cumulative, year-to-date daily Treasury tax receipts showed an apparent “pause” in the usual phenomenon of “real bracket creep”—which is the growth…

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The 2018 Pause in “Real Bracket Creep”

By District Economics Group September 13, 2018 Papers and Perspectives, Real-Time Tax Receipts

As the House this week starts to consider “Tax Reform 2.0” that would among other provisions permanently extend the marginal rate cuts in the individual income tax passed under the…

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