Narrow search
Showing 1 - 10 of 2,848
Cover Image
Tax Design, Information, and Elasticities : Evidence From the French Wealth Tax
Garbinti, Bertrand; Goupille-Lebret, Jonathan; Muñoz, … - National Bureau of Economic Research - 2023
We study a French wealth tax reform that starkly reduced the information some taxpayers must report to the tax authority. Using a new dynamic bunching approach we estimate the average response to the reform, the share of compliers, and the local average treatment effect. The annual wealth growth...
Persistent link: https://www.econbiz.de/10014322721
Cover Image
Pensioners Without Borders : Agglomeration and the Migration Response to Taxation
Kalin, Salla - 2024
among wealthy and educated pensioners in higher-tax origin countries. The implied migration elasticity of the stock of …
Persistent link: https://www.econbiz.de/10015056216
Cover Image
The Bunching Estimator Cannot Identify the Taxable Income Elasticity
Blomquist, Sören - 2017
an estimate of the taxable income elasticity from the bunching pattern around a kink point. The bunching estimator has … identify the taxable income elasticity when the functional form of the distribution of preference heterogeneity is unknown. We … with any positive taxable income elasticity if the distribution of heterogeneity is unrestricted …
Persistent link: https://www.econbiz.de/10012453577
Cover Image
Short-Term Tax Cuts, Long-Term Stimulus
Cloyne, James; Martinez, Joseba; Mumtaz, Haroon; … - National Bureau of Economic Research - 2022
We study the persistent effects of temporary changes in U.S. federal corporate and personal income tax rates using a narrative identification approach. A corporate income tax cut leads to a sustained increase in GDP and productivity, with peak effects between five and eight years. R&D spending...
Persistent link: https://www.econbiz.de/10013334463
Cover Image
Fiscal Federalism and the Role of the Income Tax
Gordon, Roger H. - National Bureau of Economic Research - 2023
This paper rethinks the design of the income tax by assuming that the objective of the tax is not to redistribute from rich to poor but instead to provide some insurance to individuals against the uncertainties they face in their future earnings, a motivation for the tax proposed in Buchanan...
Persistent link: https://www.econbiz.de/10014421180
Cover Image
Racial Disparities in the Income Tax Treatment of Marriage
Holtzblatt, Janet; Joshi, Swati; Cahill, Nora R.; Gale, … - National Bureau of Economic Research - 2023
Although it is generally blind with respect to race, the federal individual income tax can create racial disparities when factors that affect tax liability are associated with race. We provide new evidence on racial differences in marriage penalties and bonuses in the income tax, using data from...
Persistent link: https://www.econbiz.de/10014421230
Cover Image
Optimal Income Taxation
Kaplow, Louis - National Bureau of Economic Research - 2022
This article explores subjects in optimal income taxation characterized by recent research interest, practical importance in light of concerns about inequality, potential for misunderstanding, and prospects for advancement. Throughout, the analysis highlights paths for further investigation....
Persistent link: https://www.econbiz.de/10013334417
Cover Image
Are Estimated Tax Elasticities Really Just Tax Evasion Elasticities? The Case of Charitable Contributions
Slemrod, Joel - 1988
Tax return data, which has been a principal source for econometric investigations of the behavioral response to tax policy, is subject to misreporting that may bias estimates of tax responsiveness. The misreporting arises because understatement of taxable income may itself be a function of an...
Persistent link: https://www.econbiz.de/10012476327
Cover Image
The Elasticity of Taxable Income : Evidence and Implications
Gruber, Jon - 2000
uncertainty, is the overall elasticity of taxable income. We provide new estimates of this elasticity which address identification … income, and on variation in the elasticity of taxable income by income group. We find that the overall elasticity of taxable … income is approximately 0.4; the elasticity of real income, not including tax preferences, is much lower. We also estimate …
Persistent link: https://www.econbiz.de/10012471264
Cover Image
The Effect of Marginal Tax Rates on Income : A Panel Study of 'Bracket Creep'
Saez, Emmanuel - 1999
This paper uses a panel of individual tax returns and the `bracket creep' as source of tax rate variation to construct instrumental variables estimates of the sensitivity of income to changes in tax rates. From 1979 to 1981, the US income tax schedule was fixed in nominal terms while inflation...
Persistent link: https://www.econbiz.de/10012471417