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Optimal Redistributive Wealth Taxation When Wealth is More than Just Capital

Franks, Max - 2020

We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find very different welfare implications of land rent-, bequest- and capital taxation. It is mainly land rents that should be taxed. We develop an overlapping generations model with...

Persistent link: https://www.econbiz.de/10012841621

Jointly Optimal Taxes for Different Types of Income

Hermle, Johannes - 2018

and the taxation of couples. For these applications, we calculate income type-specific optimal tax rates for Germany using …

Persistent link: https://www.econbiz.de/10012908643

Linking Tax Morale and Personal Income Tax in Spain

Rey del Castillo, Pilar - 2018

The paper presents a study of the relationship between the tax morale and the individual payments of personal income tax using the statistical matching of opinion polls with a representative sample of the personal income tax returns in Spain. As an initial step, the method selected to execute...

Persistent link: https://www.econbiz.de/10012908685

Redistribution Through Income Taxation and Public Utility Pricing in the Presence of Energy Efficiency Considerations

Feger, Fabian - 2018

Many OECD countries such as the USA, the UK or Switzerland are concerned with the affordability of utility services and the distributional consequences inherent in the pricing strategy of basic goods and services, such as electricity. However, the effectiveness of the electricity tariff as a...

Persistent link: https://www.econbiz.de/10012908694

Assessing Income Tax Perturbations

Christiansen, Vidar - 2019

Taking a piecemeal tax reform approach to tax analysis in the spirit of Feldstein (1976), we establish a framework for assessing perturbations of the income tax schedule. It decomposes a reform into a change in tax level and a structural reform part. Focussing on the latter, the analysis singles...

Persistent link: https://www.econbiz.de/10012892156

The Equal-Sacrifice Social Welfare Function with an Application to Optimal Income Taxation

Berg, Kristoffer - 2020

We propose and axiomatically characterize a family of welfare criteria that prioritize individuals making larger sacrifices. By combining efficiency with a concern for equality of sacrifice, our criteria avoid serious shortcomings of utilitarianism. We illustrate our results within the...

Persistent link: https://www.econbiz.de/10012824737

Pensions, Income Taxes and Homeownership : A Cross-Country Analysis

Fehr, Hans; Hofmann, Maurice; Kudrna, George - 2021

a cross-country analysis, using tax and pension policy designs in Germany, the US and Australia. These developed nations … homeownership compared to Germany. The question is to what extent the observed differences in homeownership are induced by national …. The model is calibrated to Germany featuring German statutory public pension and dual income tax systems, and then applied …

Persistent link: https://www.econbiz.de/10013216249

Monopsony Power, Income Taxation and Welfare

Hummel, Albert Jan - 2021

This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers’ abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into profits. Monopsony power increases the tax...

Persistent link: https://www.econbiz.de/10013224073

Age-Targeted Income Taxation, Labor Supply, and Retirement

Gustafsson, Johan - 2021

This paper studies the life-cycle effects of favorable marginal tax treatment of older workers on their optimal life cycle labor supply, retirement timing, and savings. I develop a structural model in continuous time where the life-cycle of a representative agent is divided into three distinct...

Persistent link: https://www.econbiz.de/10013235104

Optimal Income Taxation with Labor Supply Responses at Two Margins : When is an Earned Income Tax Credit Optimal?

Hansen, Emanuel - 2021

This paper studies optimal non-linear income taxation in a model with labor supply responses at the intensive (hours, effort) and extensive (participation) margins. It shows that an Earned Income Tax Credit (EITC) with negative marginal taxes and negative participation taxes at the bottom is...

Persistent link: https://www.econbiz.de/10013250261