I assess the macroeconomic and redistributive effects of tax reforms aimed at increasing tax revenue in Spain. To this … involves doubling the average effective tax rate on labor and business income for all individuals whose income is above a … threshold level. I find that this reform reduces the inequality in after-tax income, wealth, and consumption. However, it …

distortionary consequences of the tax system. This tool could be a useful instrument in economic analysis regarding the effects of a …

analyse tax policy reforms, including in particular pension and demographic issues. The main feature of the EDGE-M3 model lies … the greatest extent possible. In particular, it includes the richness of the tax code by means of income tax and social … insurance contribution rate functions estimated using data from the EUROMOD microsimulation model. This feature allows in …

This paper provides an account of a South African tax-benefit microsimulation model - SAMOD - which has been developed …, and the model's tax and benefit policies are described with discussion of the various data challenges and assumptions that … had to be made in order to simulate them, with particular emphasis on the value-added tax policy. Simulations using the …

redistribution. The main tool for redistribution in the German tax system is the progressive income tax. The most important source of … funding for the church, the church tax, is directly linked to income. However, for top earners an alternative tax scale … applies. In most federal states the church tax is limited to a certain percentage of taxable income, a provision known as …

-accumulation of capital may result compared to the complete markets economy. We show that reducing somewhat the capital income tax … rate increases the capital stock and leads to a welfare gain. The complete elimination of the capital income tax, however …

In this paper the Author analyzes the tax incentives implemented by the Italian legislator in order to foster the … analysis, the author also try and investigate the Constitutional justifications for this kind of tax privileges. This paper was …

some taxpayers may be to opt out of the two-year spread election for the tax liability from a Roth IRA conversion …, incurring the entire resulting income tax in the conversion year. This may be the case for high-income taxpayers who (1) expect … tax rates to increase significantly in the future, and/or (2) are in an AMT position, especially one caused primarily by …

We study the effect of tax expenditures on the stabilizing power of the tax system. We propose a microsimulation … strategy which exploits links that we identify between automatic stabilizers, tax expenditures, and effective marginal tax … rates. Using United States tax return microdata from 2000 to 2010, we estimate that, on average, the mortgage interest …