TY  - JOUR
AU  - Moffitt,Robert A.
AU  - Wilhelm,Mark
TI  - Taxation and the Labor Supply:  Decisions of the Affluent
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 6621
PY  - 1998
Y2  - June 1998
UR  - http://www.nber.org/papers/w6621
L1  - http://www.nber.org/papers/w6621.pdf
N1  - Author contact info:
Robert A. Moffitt
Department of Economics
Johns Hopkins University
3400 North Charles Street
Baltimore, MD  21218
Tel: 410/516-7611
Fax: 410/516-7600
E-Mail: moffitt@jhu.edu
AB  - We examine the effect of the 1996 Tax Reform Act on the labor supply of affluent men.  The Act reduced marginal tax rates for the affluent more than for other taxpayers.  Using instrumental-variables methods with a variety of identifying variables, we find essentially no responsiveness of the hours of work of high-income men to the tax reduction.  However, we do find hourly wage rates of such men to have increased over the period.
ER  -