Tax reforms are crucial to promoting inclusive growth in India. The replacement of a myriad of consumption taxes by a … Goods and Services Tax (GST) will boost India's competitiveness, investment, job creation and tax compliance. The potential … productivity by reducing distortions in the allocation of resources which emanate from the corporate income tax; iv) boost job …

concentrated and the tax and transfer system has little redistributive impact. The tax-to-GDP ratio remains low. Consumption taxes …, which tend to be regressive, account for the bulk. The progressivity of income taxes had been undermined by generous tax … reliefs, which benefit the well-off most and increase tax avoidance opportunities. The tax system should be reformed to …

This paper produces a comprehensive assessment of income redistribution to the working-age population, covering OECD … countries over the last two decades. Redistribution is quantified as the relative reduction in market income inequality achieved … data. A detailed decomposition analysis uncovers the respective roles of size, tax progressivity and transfer targeting for …

Should a nation's tax system become more progressive as it opens to trade? Does opening to trade change the benefits of … a progressive tax system? We answer these question within a standard incomplete markets model with frictional labor … welfare losses. A progressive tax system is valuable, as it substitutes for imperfect insurance and redistributes the gains …

: democracy does not lead to a uniform decline in post-tax inequality, but can result in changes in fiscal redistribution and …In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail …

This paper examines the distributional and behavioral effects of the Earned Income Tax Credit (EITC). We chart the … growth of the program over time, and argue several expansions show that real responses to taxes are important. We use tax … data to show the distribution of benefits by income and family size, and examine the impacts of hypothetical reforms …