The Distributional Effects of US Clean Energy Tax Credits

  title={The Distributional Effects of US Clean Energy Tax Credits},
  author={Severin Borenstein and Lucas W. Davis},
  journal={Tax Policy and the Economy},
  pages={191 - 234}
Since 2006, US households have received more than $18 billion in federal income tax credits for weatherizing their homes, installing solar panels, buying hybrid and electric vehicles, and other “clean energy” investments. We use tax return data to examine the socioeconomic characteristics of program recipients. We find that these tax expenditures have gone predominantly to higher-income Americans. The bottom three income quintiles have received about 10% of all credits, while the top quintile… 

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