Flores Unzaga, Ismael Martin; Zhu, Junyi - 2014 - Preprint, Preliminary
This paper studies the redistributive and revenue effects of bracket creep in Germany under various inflation scenarios … effect of the tax system with respect to the inflation rate, which contrasts Immervoll (2005) who finds that the fiscal drag … simulation environment, this rate can reach above 75% with four years' inaction on 4% annual inflation. When this rich tax can be …