Our results confirm a statistically significant negative association between the progressivity of PIT and income inequality. Overall, we find that especially the average and the marginal tax rate have the potential to reduce income inequality. This finding is qualitatively robust across various different ...
Anu Madgavkar: There has been a lot of very influential and important work on income inequality. But much of it, including the work by Thomas Piketty and others, has really focused on the very top of the income distribution—perhaps the top 5 percent of households or the richest 1 perce...
In this chapter, we discuss components of income and types of taxes using examples from the United States as well as other taxing authorities. The chapter also provides a discussion of income inequality, as well as the use of governmental transfers and taxes as a means to reduce inequality....
We also find that inequality information can induce Republicans to support a tax increase that their party opposes. These results challenge the prominent view of citizens as too ignorant to connect information about inequality to specific taxes. They also suggest that efforts to inform the electorate...
The present paper looks at the long-term effects of tax shifts on inequality and output for an unchanged size of government. …This study uses econometric analysis to provide estimates of distributional and output effects that can be expected based on the track record in OECD countries.…The mai...
The global community has been confronted with rising income inequality, in particular, for those least developed countries (LDCs), since the same level of inequality as in advanced countries would push many LDCs into abject poverty. This paper focuses on
Kim Rueben, a senior fellow at the Urban Institute, said the rise of untaxed purchases might have squeezed state revenue even if income inequality hadn't widened. "Sales taxes are being eroded by the fact that we're moving to a services economy, and people are buying far more on the Int...
Using data from the Kindergarten to Fifth Grade waves of the Early Childhood Longitudinal Study, Kindergarten Class of 2011 (ECLS-K 2011), we found areas of the United States with higher income inequality had lower average achievement in mathematics and a larger socioeconomic achievement gradient ...
RETHINKING THE GREEN NEW DEAL: USING CLIMATE POLICY TO ADDRESS INEQUALITY The taxable income elasticity of high-income taxpayers: Evidence from a long panel, Retrieved from http://papers.ssrn.com/sol3/papers.cfm?abstract_id = 1406641 on 20 May 2012. Responsiveness of Indian tax structure taxable...
Income inequality refers to how unevenly income is distributed throughout a population. The less equal the distribution, the greater the income inequality. Income inequality is often accompanied bywealthinequality, which is the uneven distribution of wealth. Populations can be divided up in different w...