Tax Burden by Age

Debates over tax policy - such as the question of whether or not the Bush tax cuts should be allowed to expire - tend to be waged on the basis of class grounds.New data from the IRS provides us some insights on the composition of tax filers by age and how much of the nation's tax burden they pay. While the data does not break down the income levels of taxpayers by age, the data can still give lawmakers a new perspective on which age groups could be most impacted by changes in tax policy.