JCT report on income taxation of high income and high wealth taxpayers, ahead of Senate Finance hearing

Empirical information, legal background, and policy considerations related to income taxation of high income and high wealth taxpayers

Empirical information, legal background, and policy considerations

The Senate Committee on Finance today held a public hearing entitled “Examining How the Tax Code Affects High-Income Individuals and Tax Planning Strategies.”
  • Read the written statement [PDF 547 KB] of Senate Finance Committee Chairman Ron Wyden (D-OR)
  • Read the written statement [PDF 116 KB] of Senate Finance Committee Ranking Member Mike Crapo (R-ID)

In advance of the hearing, the staff of the Joint Committee on Taxation (JCT) released a document that describes empirical information, legal background, and policy considerations related to the income taxation of high income and high wealth taxpayers.

  • Read the JCT report: JCX-51-23 [PDF 752 KB]

 

 

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