Di Nola, Alessandro; Kocharkov, Georgi; Scholl, Almuth; … - 2024
of tax avoidance. To this end, we develop a quantitative macroeconomic model with heterogeneous agents and occupational … between different tax bases. In a quantitative application to the US economy, we find that tax avoidance weakens the … distortionary effects of higher income taxes at the top but makes them ineffective at lowering inequality. Eliminating tax avoidance …