Narrow search
Showing 1 - 10 of 5,595
Cover Image
Tax policy and income inequality in the US, 1979 - 2007
Bargain, Olivier; Dolls, Mathias; Immervoll, Herwig; … - 2014
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to … inequality by increasing the income share of the top 20% in contrast to the middle class' share. The tax policy effect accounts … for up to 29% of the total change in inequality; its contribution increases up to 41% if we take into account behavioral …
Persistent link: https://www.econbiz.de/10010229895
Cover Image
Explaining taxes at the upper tail of the income distribution : the role of utility interdependence
Sámano, Daniel - 2009
Optimal tax theory has diffculty rationalizing high marginal tax rates at the upper end of the income distribution. In this paper, I construct a model of optimal income taxation in which agents' preferences are interdependent. I derive a simple expression for optimal taxes that accommodates...
Persistent link: https://www.econbiz.de/10003909591
Cover Image
Optimal redistributive taxation with both extensive and intensive responses
Jacquet, Laurence; Lehmann, Etienne; Van der Linden, Bruno - 2010
We derive a general optimal income tax formula when individuals respond along both the intensive and extensive margins and when income effects can prevail. Individuals are heterogeneous across two dimensions: their skill and their disutility of participation. Preferences over consumption and...
Persistent link: https://www.econbiz.de/10008808231
Cover Image
Optimal redistributive taxation with both extensive and intensive responses
Jacquet, Laurence; Lehmann, Etienne; Van der Linden, Bruno - 2010
This paper characterizes optimal income taxation when individuals respond along both the intensive and extensive margins. Individuals are heterogeneous across two dimensions: specifically, their skill and disutility of participation. Preferences over consumption and work effort can differ with...
Persistent link: https://www.econbiz.de/10003944646
Cover Image
Education and optimal dynamic taxation : the role of income-contingent student loans
Findeisen, Sebastian; Sachs, Dominik - 2012 - This version: September 20, 2012
We study Pareto optimal tax and education policies when human capital upon labor market entry is endogenous and individuals face wage uncertainty. Though optimal labor distortions are history-dependent, i.e. depend on income and education, simple policy instruments can yield the desired...
Persistent link: https://www.econbiz.de/10009743921
Cover Image
The economics of taxing net wealth : a survey of the issues
Schnellenbach, Jan - 2012
tax ; wealth ; inequality ; redistribution …
Persistent link: https://www.econbiz.de/10009674939
Cover Image
Education and optimal dynamic taxation
Findeisen, Sebastian; Sachs, Dominik - 2011
We study optimal tax and educational policies in a dynamic private information economy, in which ex-ante heterogeneous individuals make an educational investment early in their life and face a stochastic wage distribution. We characterize labor and education wedges in this setting analytically...
Persistent link: https://www.econbiz.de/10009516909
Cover Image
Migration elasticities, fiscal federalism and the ability of states to redistribute income
Giertz, Seth H.; Tosun, Mehmet Serkan - 2012
This paper develops a simulation model in order to examine the effectiveness of state attempts at redistribution under a variety of migration elasticity assumptions. Key outputs from the simulation include the impact of tax-induced migration on state revenues, excess burden, and fiscal...
Persistent link: https://www.econbiz.de/10009581381
Cover Image
Schedularity in U.S. Income Taxation and its Effect on Tax Distribution
Ordower, Henry - 2018
Income tax systems in some countries follow primarily schedular models that classify income by type, match it with deductions from the same class, and compute a separate tax on each class. The United States income tax uses a global tax model under which it taxes citizens and permanent residents...
Persistent link: https://www.econbiz.de/10012937881
Cover Image
On the Optimal Design of Transfers and Income-Tax Progressivity
Ferriere, Axelle; Grübener, Philipp; Navarro, Gaston; … - 2022
We study the optimal design of means-tested transfers and progressive income taxes. In a simple analytical model, we demonstrate an optimally negative relation between transfers and income-tax progressivity due to efficiency and redistribution concerns. In a rich dynamic model, we quantify the...
Persistent link: https://www.econbiz.de/10014077963