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The past 14 years have witnessed an enormous amount of reform to the tax and benefit system. While it is tempting for politicians to draw attention to one set of reforms or another, what matters for household incomes is the whole system. In this report, we study the impact of policy changes to...
Persistent link: https://www.econbiz.de/10014552656
European Union countries. However, the combination of direct and indirect taxes and transfers leads to an increase in poverty … to the top of the income distribution. Although these changes likely helped to reduce poverty, they were an expensive way … to achieve a small decline in the poverty rate. Higher and better targeted social assistance spending could have achieved …
Persistent link: https://www.econbiz.de/10012912270
This paper describes the impact of fiscal policy on inequality and poverty, and examines recent policy changes and … reduce poverty, especially for families with children and retirees. Beginning in the second decile, households are net payers … of lower value-added taxes on electricity and utility bills is expected to be slightly poverty reducing, this effect is …
Persistent link: https://www.econbiz.de/10012947265
of fiscal policy on inequality and poverty is key to inform policy choices. This paper's key research question is to … analyze the redistributive effect of fiscal policy on income distribution and poverty in Serbia. It advances on the previous … poverty in Serbia, using the Commitment to Equity Assessment approach. The findings suggest that Serbia's fiscal system is …
Persistent link: https://www.econbiz.de/10013545483
Persistent link: https://www.econbiz.de/10014440239
We decompose the redistributive effect of direct taxes into vertical, horizontal, and reranking components applying the methods of Urban and Lambert (Public Finance Review, 2008). In the first such application to the UK, and using yearly data covering 1977-2020, we find that redistributive...
Persistent link: https://www.econbiz.de/10014423792
Persistent link: https://www.econbiz.de/10014446603
This paper investigates the dynamic effects of tax changes on the cross-sectional distribution of disposable income in the United States using a narrative identification approach. I distinguish between changes in personal and corporate income taxes and quantify the distributional effects on...
Persistent link: https://www.econbiz.de/10013435278
We measure tax evasion in Italy by estimating a food expenditure equation that disentangles households with prevalent income from self-employment, which is self-declared, from those with mostly third-party reported income. By using a novel dataset that links the 2013 Italian Household Budget...
Persistent link: https://www.econbiz.de/10012438477
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