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When a debtor goes bankrupt and limited assets have to be divided between competing creditors, should unpaid taxes owed …
Persistent link: https://www.econbiz.de/10013007198
With acknowledgment of the growing popularity of the trust as an effective taxation planning vehicle, this article explores various principles of taxing trusts under the Land and Income Tax Act 1956. The author first analyses the requirements of sections 155(a) and 155(b) of the Act and the...
Persistent link: https://www.econbiz.de/10013036677
This paper examines whether income transparency - the public release of citizens' income information - affects support for redistribution. We leverage a quasi-experiment in Finland, where every year on the so-called tax day, the authorities release income information on Finland's top earners to...
Persistent link: https://www.econbiz.de/10014229860
should receive more support. The education system should provide more support to students at risk of falling behind to reduce … without affecting learning progress much. Scaling up vocational courses and adult education, including in the context of …
Persistent link: https://www.econbiz.de/10011399658
We examine economic growth, inequality and education when the wellspring of growth is the formation of human capital … into a condition of continuous growth through a program of taxes and transfers. Temporary inequality is a necessary … condition to escape in finite time, but long-run inequalities are avoidable provided sufficiently heavy, but temporary taxes can …
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This study presents new homogenous series of top income shares in Sweden over the period 1903 to 2004. We find that, starting from higher levels of inequality than in other Western countries, the income share of the Swedish top decile drops sharply over the first eighty years of the century. The...
Persistent link: https://www.econbiz.de/10003307327