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Accuracy, Complexity, and the Income Tax

Kaplow, Louis - 2004

presents a framework for analyzing the value of greater accuracy in income taxation. Formulations for both distributive and …

Persistent link: https://www.econbiz.de/10014072382

Understanding the Tax Cuts and Jobs Act

Donaldson, Samuel A. - 2018

This manuscript summarizes key provisions of the so-called "Tax Cuts and Jobs Act" affecting United States individuals, small businesses, estates, and trusts. It does not cover changes made to pension and retirement accounts, provisions applicable only to certain industries, rules applicable to...

Persistent link: https://www.econbiz.de/10014117315

Progress of the Personal Income Tax in Emerging and Developing Countries

Benedek, Dora; Benitez, Juan Carlos; Vellutini, Charles - 2022

Personal Income Tax (PIT) is one of the key sources of revenues in Advanced Economies (AEs) but plays a much more limited role in Low-Income Developing Countries (LIDCs) and Emerging Market Economies (EMEs), both in terms of revenue and redistributive impact. Notwithstanding, this paper shows...

Persistent link: https://www.econbiz.de/10013295137

State Individual Income Tax Conformity in Practice : Evidence from the Tax Cuts and Jobs Act

Monahan, Amy - 2023

Nearly every state incorporates the federal tax code into its individual income tax system. This widespread incorporation has many supporters and has been justified on the basis that it is necessary in order for states to have a simple and efficient tax system. This article explores the...

Persistent link: https://www.econbiz.de/10014350769

Racial Disparities in the Income Tax Treatment of Marriage

Holtzblatt, Janet; Joshi, Swati; Cahill, Nora R.; Gale, … - National Bureau of Economic Research - 2023

Although it is generally blind with respect to race, the federal individual income tax can create racial disparities when factors that affect tax liability are associated with race. We provide new evidence on racial differences in marriage penalties and bonuses in the income tax, using data from...

Persistent link: https://www.econbiz.de/10014421230

Personal Income Taxes in the Middle East and North Africa : Prospects and Possibilities

Mansour, Mario; Zolt, Eric M. - 2023

individuals have declined substantially, a trend that mirrors reductions in advanced and developing economies. Taxation of passive … combination of reduced marginal tax rates, light taxation of income from capital and business activities, and increase of SSC …

Persistent link: https://www.econbiz.de/10014255592

Modeling Distortionary Taxation

Chronis, Panagiotis - 2023

There has been a lot of discussion recently regarding the macroeconomic consequences of a distortionary taxation system …. However the way this distortionary taxation scheme or instrument is modeled in macroeconomic analysis, as well as the ability … of these models to capture the effects implied by this distortionary taxation system, is subject to criticism. This work …

Persistent link: https://www.econbiz.de/10014260616

The Individual Mandate Tax Penalty

Kahn, Jeffrey H. - 2013

In 2010, President Obama signed legislation that significantly altered the healthcare and health insurance markets in the United States. An integral part of that reform is the individual mandate, a provision that requires individuals to purchase and maintain healthcare insurance. Failure to...

Persistent link: https://www.econbiz.de/10014169847

Does income transparency affect support for redistribution? : evidence from Finland's tax day

Dunaiski, Maurice; Tukiainen, Janne - 2023

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

Integrating the Tax Burdens of the Federal Income and Payroll Taxes on Labor Income

Geier, Deborah A. - 2009

Persistent link: https://www.econbiz.de/10014210952