show that taxation of rents may also increase utility of the current generation provided tax revenues are earmarked to … reduce wage taxes. In particular, a shift in the tax mix may yield an intergenerational Pareto-improvement when the initially … prevailing tax mix is sufficiently skewed towards wage taxation …

We exploit the 2017 US tax reform to learn about the tax-competitiveness of US multinational corporations (MNCs … effective tax rates of US MNCs compared to their European competitors after the US tax reform. Additional tests show (i) that US … MNCs have gained substantially in what we call tax-competitiveness, (ii) that the reform effect is more pronounced for MNCs …

the tax on tampons & pads in Germany in 2020 as a natural experiment to study the price and unit-sales effects of the tax …-inelastic. We do not find cross-price effects for a closely related product group, which remained taxed at the standard tax rate …

the 1980s. C-corporate form is subject to a time varying tax wedge, which offsets the productivity benefits. In a … (productivity), the share of total output generated by C-corporations, and the sensitivity of this share to the tax wedge. This … in the tax wedge since 1968 has expanded economy-wide productivity by about 4% …

We investigate how changes in firm productivity after M&As are affected by differences in profit taxation between the … target and the acquirer. We argue that tax differentials distort the efficient allocation of productive factors following an … M&A and thus inhibit the realization of productivity improvements. Using firm-level data on inputs and outputs of …

motorists avoid taxes due to an excessive economic driving-style. The efficient tax on gasoline is reduced below the Pigouvian … rate due to such avoidance. The current US tax rate on gasoline is below the efficient tax rate while the current UK rate … GPS-based road user charge should be combined with a tax on gasoline which promotes an economic driving-style that lowers …

simple Pigouvian tax levied per unit of output but proportional to the sugar content is sufficient to achieve a first best … these effects have to be balanced against Pigouvian considerations. We show that, nevertheless, a tax per unit of output … sufficient. Interestingly, both the total tax as well as its sugar component can be positive as well as negative …

wisdom, in general equilibrium, migration lowers the bottom tax rate but raises the top tax rate, making the optimal tax … system more progressive and moving tax rates closer to those in an economy with fixed wages. The intuition is that … governments attract high-skilled workers by amplifying pre-tax wage inequality and partly offsetting trickle-down forces from …

We analyze the welfare implications of property taxation. Using a sufficient statistics approach, we show that the tax … incidence depends on how housing prices, labor and other types of incomes as well as public services respond to property tax … changes. Empirically, we exploit the German institutional setting with 5,200 municipal tax reforms for identification. We find …