In this paper we argue that very high marginal labor income tax rates are an effective tool for social insurance even … fiscal policies that achieve a desired degree of redistribution in society. We find that marginal tax rates on the top 1% of …

In this paper we quantitatively characterize the optimal capital and labor income tax in an overlapping generations … supply and capital accumulation decision. We find that the optimal capital income tax rate is not only positive, but is … significantly positive. The optimal (marginal and average) tax rate on capital is 36%, in conjunction with a progressive labor …

competition. While governments determine non-cooperatively their commodity tax rate, the volume of parallel imports is determined …

This paper computes the optimal progressivity of the income tax code in a dynamic general equilibrium model with …. A progressive tax system serves as a partial substitute for missing insurance markets and enhances an equal distribution … of economic welfare. These beneficial effects of a progressive tax system have to be traded off against the efficiency …

There is often a gap between the prescriptions of an "optimal" tax system and actual tax systems, some of which can be … reviews the political economics literature on tax systems and reforms to see whether political mechanisms allow us to better … understand why tax systems look the way they look. Finally, we exploit a database of reforms in labour taxation in the European …

The present study provides estimates of the Effective Marginal Tax Rates (EMTRs) for a sample of 17 OECD countries and …-country/cross-sector approach allows us comparing the incentives provided by the tax systems and gauging the effects of tax changes taking … explicitly into account the possible substitution between factors as well as their tax incidence. Our results suggest that the …

The Paper studies the effects of tax policy on venture capital activity. Entrepreneurs pursue a single high … managerial advice. It considers differential wage and capital income taxes, a comprehensive income tax, incomplete loss offset …

equilibrium is biased towards inefficiently low venture capital support. In this situation, the capital gains tax is particularly … harmful. The introduction of a small tax impairs managerial advice and leads to first order welfare losses. Once the tax is in …

In October 2007 France introduced an exemption on the income tax and social security contributions that applied to … in order to optimize their tax situation, since the hours they work are difficult to verify. …