PERSONAL INCOME TAXES AND THE GROWTH OF SMALL FIRMS. :This paper investigates the effect of entrepreneurs' personal income tax situations on the growth rates of their enterprises. We analyze the personal inco... Carroll,Robert,Holtz-Eakin,... - 《Nber/tax Policy & the Economy》 被引量: 145...
atheories emerged[2], all of which conclude on the existence of an optimal capital [translate] ais an increased probability that a firm may not be able to successfully deal with its [translate] aincome, allowing a ‘‘tax shield’’ for the firms. This ‘‘tax shield’’ allows firms ...
However, if corporate profits are soaring, but the taxes on those profits are not, it means that the overall effective tax rate must be coming down. The next graph shows federal tax receipts from corporate income taxes as a percentage of total corporate profits. This is not quite the same ...
in regions with better innovation environments. Taken together, our findings shed light on how inventors and firms respond to decreasing personal income tax rates and confirm that the net return to innovation can be vital to the innovation...
Holtz-Eakin, M. Rider, and H. Rosen (2001), "Personal income taxes and the growth of small firms," MIT Press.R. Carroll, D. Holtz-Eakin, M. Rider, and H. S. Rosen. Personal income taxes and the growth of small firms. In J. M. Poterba, editor, Tax Policy and the Economy, ...
Workers and firms endogenously select the sector they are active in, and choose the amount of their investments. To enter the high-skill sector, workers must pay a fixed cost that we interpret as direct cost of education. The economy is characterized by two different pecuniary externalities. ...
不同taxable income中,marginal tax rate从15%,25%,34%,39%,34%,35%,38%,最后到35%. 其中,为什么一开始从15%一直升到39%之后又下降了呢?为什么后来又略有上升? (is to make sure that firms that have very high taxable income don't benefit from the lower rates on the initial dollars that ...
Scottish Income Tax Individuals resident in Scotland pay Scottish Income Tax on employment income, pension income and most other taxable income, apart from dividend and savings income, which is taxed at the rates above, in line with the rest of the United Kingdom. The Scottish Income Tax rates...
money received by a person as wagesetc.He cannot support his family on his income.sueldo,salario income tax a tax paid on income over a certain amount.impuesto sobre la renta ˈincome-tax returnnoun an official form that has to be completed with information about one's income and expenses...
First, it reexamines the impact on long-run growth of changes in flat-rate income taxes when a fraction of total government expenditures is used to provide public services that affect the productivity of privately held inputs. Second, for a given tax policy, this paper studies the impact of...