of the year 2001 a dispute arose, centering around the question as to whether or not the later stages of the German … Income Tax Reform should be brought forward. The present paper assesses the welfare and macroeconomic consequences of the … German Income Tax Reform in the scope of a simplified DGE model of the Auerbach-Kotlikoff type and deals explicitly with the …

domestic US firms. Fifth, the TCJA does not appear to have had any detectable impact on domestic US investment and wages …The 2017 US tax legislation - widely referred to as the Tax Cut and Jobs Act (TCJA) - fundamentally transformed the US …. Third, the reform did not lead to any change in profit shifting by US MNCs beyond the magnitude that would be expected based …

In recent years, policymakers across the globe have become increasingly interested in not only the revenue consequences …. Such evidence can promote a more equitable and welfare-enhancing tax and benefit system, helping distinguish policies which … may help meet a government's objectives for inclusive development from those which may have unintended or undesirable …

King and Fullerton model was not modeled to incorporate this type of rule, making it difficult to fully calculate the METR … framework may affect the METR and the neutrality between investment opportunities. As such, the results are relevant not only … income tax system and is contrasted with earlier works, revealing that the METR for new share issues may have been …

’ decisions.Lower rates of corporation tax (whether or not tied to the basic rate of income tax) would reduce taxes paid by … decisions were not distorted. This issue was identified in the recent ICB report.The tax bias against equity distorts investors … corporation tax rates.Aligning the main rate of corporation tax would significantly reduce tax compliance costs and reduce the …

be far less redistributive in comparison with such countries as Ireland, the Netherlands, or Portugal. This not only has …We examine the revenue and redistributive effects of tax policy reforms in twelve European countries over the decade … between the financial crisis and the outbreak of the COVID-19 pandemic, setting them against the implications of a …

probability of becoming an incorporated or unincorporated self-employed worker by utilizing logit and IV models. I use the Annual … entrepreneur types with incorporated and unincorporated businesses. This split sheds light on examining how these two types differ … in sensitivity to individual-specific marginal and average income tax rate changes in the US. Thus, I analyze the …

As a tax base, 'consumption' is sometimes argued to be less fair than 'income' because the benefits of not taxing … eliminates all taxes on capital income, consumption and income taxes actually treat similarly much of what is commonly called … eliminates the tax on the opportunity cost of capital, but does not change, relative to the income tax, the tax treatment of …

aggregate propensity to spend from the rebate was about one-third, and that there would not be substantially more spending as a … economic stimulus. Putting cash into the hands of the consumers who use it to save or pay off debt boosts their well-being, but … it does not necessarily make them spend. Low-income individuals were particularly likely to use the rebate to pay off …