We develop an empirical test for whether households understand or misperceive their tax liability changes. Our … identifying variation comes from the loss of the Child Tax Credit when a child turns 17. Using this age discontinuity, we find … that despite this tax liability increase being lump-sum and predictable, households reduce their reported labor income when …

We develop an empirical test for whether households understand or misperceive their tax liability changes. Our … identifying variation comes from the loss of the Child Tax Credit when a child turns 17. Using this age discontinuity, we find … that despite this tax liability increase being lump-sum and predictable, households reduce their reported labor income when …

This paper presents baseline results from the latest public version (I4.0+) of EUROMOD, the tax-benefit microsimulation … tax rates (METR), an indicator which captures the effect of tax-benefit systems on work incentives at the intensive margin …

comparative) impact of mobility and of the tax system (another presumed income equalizer) on the dynamics of income across time … and on the inequality of income across individuals. Using panel data, we find that Canada's tax system limits …, often amounting to around 30 percent of mean income. For all choices of parameter values, the tax effect exceeds by far the …

Tax reforms are crucial to promoting inclusive growth in India. The replacement of a myriad of consumption taxes by a … Goods and Services Tax (GST) will boost India's competitiveness, investment, job creation and tax compliance. The potential … productivity by reducing distortions in the allocation of resources which emanate from the corporate income tax; iv) boost job …

democracies; (2) the nature and determinants of modern tax structures; and (3) redistribution in pluralistic societies over … three most important issues in the field: (1) the evolution of the power to tax in (what are now) the mature constitutional …

Tax reforms are crucial to promoting inclusive growth in India. The replacement of a myriad of consumption taxes by a … Goods and Services Tax (GST) will boost India's competitiveness, investment, job creation and tax compliance. The potential … productivity by reducing distortions in the allocation of resources which emanate from the corporate income tax; iv) boost job …

Tax revenues of the German assessable income tax are eroding among other factors because of special depreciation … tax revenue: The reduction of tax revenue might be up to 33 Mrd. DM. …

deductions. However, filing tax returns and utilizing tax deductibility of costs of studying are hampered if benefits are not … widespread utilization of tax deductibility of costs of studying would result in financial benefits for students in the form of a …The German tax system allows tax deductibility of costs of studying either as special expenses or as work-related tax …