Personal Income Tax Progressivity: Trends and Implications - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Personal Income Tax Progressivity: Trends and Implications write by Claudia Gerber. This book was released on 2018-11-20. Personal Income Tax Progressivity: Trends and Implications available in PDF, EPUB and Kindle. This paper discusses how the structure of the tax system affects its progressivity. It suggests a measure of progressive capacity of tax systems, based on the Kakwani index, but independent of pre-tax income distributions. Using this and other progressivity measures, the paper (i) documents a decline in progressivity over the last decades and (ii) examines the relationship between progressivity and economic growth. Regressions do not reveal a significant impact of progressivity on growth, suggesting that efficiency costs of progressivity may be small—at least for degrees of progressivity observed in the sample.
Income Tax Progressivity
Income Tax Progressivity - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Income Tax Progressivity write by Claudia Gerber. This book was released on 2020. Income Tax Progressivity available in PDF, EPUB and Kindle. This paper discusses how the structure of the tax system affects its progressivity. It suggests a measure of progressive capacity of tax systems, based on the Kakwani index, but independent of pretax income distributions. Using this and other progressivity measures, the paper (i) documents a decline in progressivity over the last decades and (ii) examines the relationship between progressivity and economic growth. On this relationship, regressions do not reveal a significant impact, suggesting that efficiency costs may be small - at least for degrees of progressivity observed in the sample. Finally, the paper finds that increasing tax progressivity reduces pretax inequality.
Tax Progressivity and Income Inequality
Tax Progressivity and Income Inequality - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Tax Progressivity and Income Inequality write by Joel Slemrod. This book was released on 1996-10-13. Tax Progressivity and Income Inequality available in PDF, EPUB and Kindle. This book assembles nine papers on tax progressivity and its relationship to income inequality, written by leading public finance economists. The papers document the changes during the 1980s in progressivity at the federal, state, and local level in the US. One chapter investigates the extent to which the declining progressivity contributed to the well-documented increase in income inequality over the past two decades, while others investigate the economic impact and cost of progressive tax systems. Special attention is given to the behavioral response to taxation of high-income individuals, portfolio behavior, and the taxation of capital gains. The concluding set of essays addresses the contentious issue of what constitutes a 'fair' tax system, contrasting public attitudes towards alternative tax systems to economists' notions of fairness. Each essay is followed by remarks of a commentator plus a summary of the discussion among contributors.
Recent Personal Income Tax Progressivity Trends in Australia
Recent Personal Income Tax Progressivity Trends in Australia - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Recent Personal Income Tax Progressivity Trends in Australia write by Graeme Davis. This book was released on 2019. Recent Personal Income Tax Progressivity Trends in Australia available in PDF, EPUB and Kindle. Tax progressivity is not a precise science. Judgements around the level of tax progressivity need to balance the objective of fairness against other objectives - such as efficiency, simplicity and sustainability - that underpin the design of tax systems. Further, people's perceptions of fairness depend on a range of factors, including their position in society and the information available to assess their position relative to others. Our analysis of average personal income tax rates, and the distribution of personal income tax incidence, over recent decades suggests that Australia's personal income tax system became more progressive over the 22 years between 1994-95 and 2015-16. Choices by successive Australian governments have altered marginal personal income tax rates and extended tax thresholds in ways that have reduced the income tax incidence on lower income earners, and increased the income tax incidence on higher income earners. This has also seen an increase in income tax concentration, whereby a narrower proportion of high income earners pay a larger share of total Australian personal income taxes. In publishing these findings, we seek to inform the trade-offs arising from the progressive personal income tax regime and its role within the broader Australian tax system. However, care needs to be taken in evaluating these findings. Our analysis does not seek to evaluate the fairness (real or perceived) of Australia's personal income tax.
Tax Progressivity and Its Effect on Economic Growth
Tax Progressivity and Its Effect on Economic Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Tax Progressivity and Its Effect on Economic Growth write by Raidas Griskevicius. This book was released on 2015. Tax Progressivity and Its Effect on Economic Growth available in PDF, EPUB and Kindle. This paper investigates whether there is a relationship between progressivity of personal income taxation and output growth. Additionally a relation between progressivity of personal income taxation and volatility of output growth is examined. There is a gap in the existing literature examining whether personal income progressivity imposed on different levels of income effect economic growth similarly. This research contribute to the existing literature by examining the link between economic growth and progressivity imposed on low, medium and high levels of income earners separately. The research is carried out using dataset ranging from 2000 to 2013 and covering 34 OECD countries. The results of the analysis suggest that progressivity occurring at lower and higher levels of income has a negative effect on output growth, while progressivity at middle levels of income has a positive effect. Moreover, progressivity of personal income taxation has a positive effect on volatility of output growth, irrespective of whether progressivity occurs at lower, middle or higher level of income. Performed robustness tests confirms these findings.
