Showing 1 - 10 of 138
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 …
Persistent link: https://www.econbiz.de/10011700368
study the economic effects of introducing two elements of a fiscal union: Firstly, an EU-wide tax and transfer system and … secondly, an EU-wide system of fiscal equalisation. Using the European tax-benefit calculator EUROMOD, we exploit … tax and transfer systems by a European system would lead to significant redistributive effects both within and across …
Persistent link: https://www.econbiz.de/10013105006
different normative focus of the two approaches and show that benefits have other aims than redistribution. Finally, our country …How do different components of the tax and transfer systems affect disposable income inequality? This paper explores … the redistributive effects of different tax benefit instruments in the enlarged EU based on two approaches. Inequality …
Persistent link: https://www.econbiz.de/10013154996
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 …
Persistent link: https://www.econbiz.de/10009769634
also scrutinizes how governments affect EOp through the design of their tax and transfer schemes. Our overall results …-Saxon countries. For Eastern Europe, our results are less definite. Looking at the impact of the tax and benefit schemes in the EU, it … can be concluded that both taxes and transfers reduce inequality of opportunities, with social benefits typically playing …
Persistent link: https://www.econbiz.de/10013134930
agents' biased perceptions with this information has a significant effect on their stated preferences for redistribution … levels of redistribution when informed of their true ranking. This relationship between biased perceptions and political … attitudes provides an alternative explanation for the relatively low degree of redistribution observed in modern democracies …
Persistent link: https://www.econbiz.de/10013125167
components using yearly UK data covering 1977-2018. We examine cash and in-kind benefits, and direct and indirect taxes. In … benefits are largely associated with cyclical changes in average benefit rates. In contrast, trends in the redistributive … effects of direct and indirect taxes are mostly associated with changes in progressivity. For in-kind benefits, changes in the …
Persistent link: https://www.econbiz.de/10014030842
Increasing inequality and associated egalitarian sentiments have again put redistribution on the political agenda …. Other-regarding preferences may also affect support for redistribution, but knowledge about their distribution in the … national plebiscites, to study the link between other-regarding preferences and support for redistribution in a broad sample of …
Persistent link: https://www.econbiz.de/10014083850
do not decline, indicating no loss in redistribution. Our estimates imply a 9-14% social tax rate. The welfare benefits … frequent. Such arrangements may distort labor supply acting as a "social tax" that dampens the incentive to work. We document … of informal redistribution may come at a cost, depressing labor supply and productivity …
Persistent link: https://www.econbiz.de/10014241663
This paper studies optimal unemployment benefit levels and optimal proportional income tax rates over the business … because the UI system can be used to smooth consumption across different economic states. However, high benefits increase … unemployment. An alternative way to redistribute income is to vary tax rates over the business cycle. In this paper, we develop an …
Persistent link: https://www.econbiz.de/10013111201