Showing 1 - 8 of 8
an enhanced analysis of taxes and social benefits in Europe by integrating results from microsimulations and hypothetical …
Persistent link: https://www.econbiz.de/10012008640
Western countries' income tax systems exempt the return from investing in owner-occupied housing. Returns from other investments are instead taxed, thus distorting households’ portfolio choices, although it is argued that housing property taxation might act as a counterbalance. Based on data...
Persistent link: https://www.econbiz.de/10012105901
Redistribution is usually understood in terms of income; as a way to rank individuals as well as to determine taxable capacity or benefit eligibility. Yet, it is increasingly argued that more prominence should be given to the joint distribution of income and wealth and interest into the taxation...
Persistent link: https://www.econbiz.de/10011864870
We explore the prospects for using the Eurosystem Household Finance and Consumption Survey (HFCS) dataset as an underlying micro-database for the EU taxbenefit model, EUROMOD. This will allow expanding the policy domains currently covered in EUROMOD with dimensions like wealth taxation,...
Persistent link: https://www.econbiz.de/10011584120
Over the last few years concern for income inequality in European countries has increased remarkably. In this context, taxation is an important redistributive instrument and we investigate the redistributive role of direct taxes. We focus on the EU-15 countries and the evolution over the period...
Persistent link: https://www.econbiz.de/10010340288
Means-tested transfer schemes in Europe and elsewhere tend to include not only income tests but also asset tests of …
Persistent link: https://www.econbiz.de/10012210725
This paper assesses the impact on household incomes of the COVID-19 pandemic and governments’ policy responses in April 2020 in four large and severely hit European countries: Belgium, Italy, Spain and the UK. We provide comparative evidence on the level of relative and absolute welfare...
Persistent link: https://www.econbiz.de/10012439119
Imputed rental income of homeowners is tax exempt in most countries, despite the long-standing arguments recommending its inclusion in the tax base, on both equity and efficiency grounds. The current fiscal crisis revived interest towards this form of taxation. The paper investigates the fiscal...
Persistent link: https://www.econbiz.de/10009521079