Professor Deborah Geier has published the 2021 edition of her textbook, “U.S. Federal Income Taxation of Individuals.” In an effort to reduce student cost, Professor Geier publishes this textbook with CALI (Computer-Assisted Legal Education) as both a free e-textbook (in pdf, ePub, and Mobi formats) and as a print-on-demand hard copy (at cost) for approximately $35.

In addition to incorporating new law and all inflation adjustments, this 2021 edition incorporates new economic data and charts, one of which shows that income inequality between 2015 and 2020 (with the Tax Cuts and Jobs Act enacted in 2017) worsened more after taxes and transfers were taken into account than before taxes and transfers. In other words, the tax law had the effect of worsening income inequality between 2015 and 2020 compared to a no-tax world. The Congressional Budget Office issued this data last December (2019) just before the new year, so it does not incorporate the likely exacerbation of this trend during the pandemic.

You can download the free e-textbook or order the print-on-demand copy from this link: https://www.cali.org/books/us-federal-income-taxation-individuals