This paper analyzes the impact of tax and transfers on income distribution. We use a simple Computable General … Matrix (SAM) 2008 as developed by Debowicz et al (2012). To explore the impact of tax and transfers on income inequality, two … Hoover's Indexes. Our results show that a policy mix of sales tax, income tax and government expenditures helps in reducing …

preferences, and (ii) growth is endogenously sustained through innovations whose market value depends on the tax system. By … reallocating tax distortions through debt, fiscal policy alters both the composition of intertemporal consumption risk and the … incentives to innovate. Tax policies aimed at short-run stabilization may substantially increase long run tax and growth risks …

In this paper, we use administrative data on tax returns to characterize the distributions of before and after-tax … income, tax liabilities, and tax credits in Spain for individuals and households. We use the most recent available data, 2015 …. We also estimate effective tax functions that capture the underlying heterogeneity of the data in a parsimonious way …

increasing the VAT rate or the income tax rate?, and How much could the aggregate social security contribution rate be lowered if …

increasing the VAT rate or the income tax rate?, and How much could the aggregate social security contribution rate be lowered if …

’s income. Even for those who claim the inclusion of inherited wealth in the beneficiary’s income tax base, the features of the … current taxes on gratuitous transfers should be retained. High tax exemption thresholds, annual exemptions for small gifts …, medical expenses and transfers to spouses, tax deferral for illiquid assets and so forth would continue to apply to inherited …