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This paper takes as its starting point Henry Neuburger's injunction that taxation must be seen as a contribution to the maintenance of the welfare state, not as a dead-weight burden. It sets recent developments in the UK tax ratio in the context of changes in public spending, particularly on...
Persistent link: https://www.econbiz.de/10011126453
That Britain became more unequal in the last quarter century is well known; the scale of change, less so.At the end of the 1970s, the richest tenth received 21 per cent of total disposable income. This rose to 28-29per cent by 2002-03, as much as the whole of the bottom half. More than half of...
Persistent link: https://www.econbiz.de/10008766020
This paper takes as its starting point Henry Neuburger's injunction that taxation must be seen as a contribution to the maintenance of the welfare state, not as a dead-weight burden. It sets recent developments in the UK tax ratio in the context of changes in public spending, particularly on...
Persistent link: https://www.econbiz.de/10009201202
Britain is an unequal country, more so than many other industrial countries and more so than a generation ago. This is manifest in many ways - most obviously in the gap between those who are well off and those who are less well off. But inequalities in people's economic positions are also...
Persistent link: https://www.econbiz.de/10009201352
Persistent link: https://www.econbiz.de/10011967165
Persistent link: https://www.econbiz.de/10011820030
Persistent link: https://www.econbiz.de/10012116590
This paper presents annual estimates of total and per-capita GDP at 1910 prices for the regions of Imperial Austria from the origin of the Dual Monarchy (1867) to the eve of WWI (1913). The time paths of regional GDP are estimated from the yield of the tax on the transfer of real and financial...
Persistent link: https://www.econbiz.de/10011125886
During this election period many Americans are feeling angry towards the very rich, especially those working in the financial sector, who helped cause the Great Recession and yet were bailed out by the government. Increases in inequality might be tolerable at a time of growing consumption for...
Persistent link: https://www.econbiz.de/10011125893
This paper examines the role of international trade, and specifically imports from low-wage countries, in determining patterns of job loss in U.S. manufacturing industries between 1992 and 2007. Motivated by intuitions from factor-proportions-inspired work on offshoring and heterogeneous firms...
Persistent link: https://www.econbiz.de/10011125962