business income to tax authorities, we show that a fall in the tax rate may increase investment in risky entrepreneurial …, including private business equity. In a system of simultaneous demand equations in first differences, we identify the tax … effects by an instrumental variables approach exploiting tax reforms during our observation period. To account for selection …

Donaldson (1984) index of tax progressivity is employed. This enables contributions from vertical redistribution and horizontal … characterizations of redistributional effects of income tax schedules; the fixed-income procedure of Kasten, Sammartino and Toder (1994 …

This paper exposes and explains the various ways in which value judgements can be instilled into an income tax system …, or, if inherent in a pre-existing one, can be drawn out and understood. A putative EU-wide income tax, additional to the … "equivalent income function", and the equal treatment command modelled in terms of it, the resultant tax will in general be …

Donaldson (1984) index of tax progressivity is employed. This enables contributions from vertical redistribution and horizontal … characterizations of redistributional effects of income tax schedules; the fixed-income procedure of Kasten, Sammartino and Toder (1994 …

We exploit an exhaustive administrative dataset that includes the individual tax returns of all households in the top …. Taking tax base erosion into account, we find that the top percentile of the income distribution pays an effective average … tax rate of 30.5 percent and contributes more than a quarter of total income tax revenue. Within the top percentile, the …

Entrepreneurial activity is often regarded as an engine for economic growth and job creation. Through tax policy … Germany, the top marginal income tax rates were reduced exclusively for entrepreneurs in 1994 and 1999/2000. These tax reforms …, the tax rate reductions did not apply to freelance professionals (Freiberufler), and second, entrepreneurs with earnings …