Summarizing Research on Labor Supply and Taxation. The Congressional Budget Office published a review of the literature on labor supply and taxation, which is available at...

Summarizing Research on Labor Supply and Taxation. The Congressional Budget Office published a review of the literature on labor supply and taxation, which is available at https://www.cbo.gov/sites/default/ files/labormkts.pdf. According to this review, what groups are most sensitive to changes in tax rates? When tax rates are reduced, what fraction of the increase in labor supply comes from new entrants to the labor force?