benefit of the property-owning upper-middle class. By contrast, a progressive consumption tax successfully and persistently …

comprehensive study of wealth and its distribution in Germany since the 19th century. We combine tax and archival data, household …

comprehensive study of wealth and its distribution in Germany since the 19th century. We combine tax and archival data, household …

property tax. Our results are as follows. First, we find revenue neutral LVT rates to be around 0.6% in our sample. Second, we … not as strongly correlated with income. Quantitatively a revenue-neutral reform from a standard property tax to a LVT at … the regional level would increase the average tax burden of the lowest income quintile of homeowners by 25% …

Tax enforcement can be prohibitively costly when market transactions and participants are difficult to observe. Evasion … among market participants may reduce tax revenue and provide certain types of suppliers an undue competitive advantage … this paper, we show that an upper bound on pre-enforcement tax compliance can be obtained using market data on pre- and …

Firms are facing progressively more stringent tax disclosure requirements. In this paper, we examine whether increased … qualitative tax transparency leads to intended outcomes using, as an exogenous shock, the 2016 UK reform that mandated the … disclosure of a tax strategy for firms above a certain size threshold. We find that firms that have to publish a separate tax …

This paper explores the dynamic effects of trade liberalization on tax revenue using a worldwide panel dataset. Results … point to statistically significant negative effect of liberalization on (non- resource) tax revenues in the short term and … no significant effect in the medium term. Liberalization also alter the tax structure tilting revenues toward indirect …

In this article we study the corporate tax effects on credit market equilibria. In particular, we develop a model that … accounts for five pieces of evidence: i) the existence of a tax incentive to borrow, ii) the negative relationship between … provide a welfare analysis and discuss corporate tax policy implications. …