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can be concluded that both taxes and transfers reduce inequality of opportunities, with social benefits typically playing … the key role. Furthermore, the equalizing impacts of the tax benefit system on inequality of opportunity differ … substantially from the ones observed when referring to the traditional notion of inequality of outcomes. …
Persistent link: https://www.econbiz.de/10010278769
This paper surveys possible motivations for having a net wealth tax. After giving a short overview over the state of wealth taxation in OECD countries, we discuss both popular arguments for such a tax, as well as economic arguments. It is argued that classical normative principles of taxation...
Persistent link: https://www.econbiz.de/10010310962
Persistent link: https://www.econbiz.de/10012655244
We apply the Kakwani approach to decomposing redistributive effect into average rate, progressivity, and reranking components using yearly UK data covering 1977-2018. We examine cash and in-kind benefits, and direct and indirect taxes. In addition, we highlight an empirical implementation issue...
Persistent link: https://www.econbiz.de/10012697297
increase the basic allowance would somewhat reduce inequality and improve vertical inequity in taxation. On the other hand, in … be achieved. At the same time, since in both cases redistribution will not affect the bottom decile group, no significant …
Persistent link: https://www.econbiz.de/10010938639
This paper surveys possible motivations for having a net wealth tax. After giving a short overview over the state of wealth taxation in OECD countries, we discuss both popular arguments for such a tax, as well as economic arguments. It is argued that classical normative principles of taxation...
Persistent link: https://www.econbiz.de/10010957865
Establishing an equitable and efficient tax system is essential for reducing poverty, combating inequality, and …
Persistent link: https://www.econbiz.de/10014290690
can be concluded that both taxes and transfers reduce inequality of opportunities, with social benefits typically playing … the key role. Furthermore, the equalizing impacts of the tax benefit system on inequality of opportunity differ … substantially from the ones observed when referring to the traditional notion of inequality of outcomes. …
Persistent link: https://www.econbiz.de/10008764586
This paper describes income distribution among workers in Italy using both the cross-sectional and panel component of IT-SILC. We highlight advantages and drawbacks of different econometric approaches, comparing standard OLS estimates with those obtained from Random Effects and Poisson Maximum...
Persistent link: https://www.econbiz.de/10009319017
This paper describes income distribution among workers in Italy using both the cross-sectional and panel component of IT-SILC. We highlight advantages and drawbacks of different econometric approaches, comparing standard OLS estimates with those obtained from Random Effects and Poisson Maximum...
Persistent link: https://www.econbiz.de/10009150873