Joumard, Isabelle; Vélez, Juliana Londoño - Economics Department, Organisation de Coopération et … - 2013
Income inequality in Colombia has declined since the early 2000s but remains very high by international standards …. While most of the inequality originates from the labour market, wealth – and thus capital income – is also highly …, which tend to be regressive, account for the bulk. The progressivity of income taxes had been undermined by generous tax …