A reduction in the degree of progressive labor tax yields a "double‐dividend" in terms of reducing income inequality and boosting economic growth, while capital income progressivity displays the usual growth–inequality trade‐off. Particularly, the double‐dividend effect becomes more pronounced when ...
A progressive tax is a type of income tax system that is set up so people with a higher disposable income must pay a larger percentage of their income in taxes than those with low to moderate earning power. Historically, progressive taxation has been supported by economists and political ...
The X Tax in the World Economy: Going Global with a Simple, Progressive Tax 2004. The X Tax in the World Economy: Going Global with a Simple, Progressive Tax (Washington: AEI Press).The X tax in the world economy: Going ... D Bradford 被引量: 0发表: 2004年 Giving : how each of...
Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier. For those who understand bar stool economics, no explanation is needed. For those who do not understand bar stool...
What is progressive and regressive tax? A progressive tax varies from a regressive tax in that individuals with higher incomes are levied lower tax rates than those lower-income earners in a regressive tax system. On the other hand, progressive taxation imposes a high tax rate on high-income ...
Each one of them will owe personal income taxes for the year, but the percentages they'll pay in taxes are not the same. In this lesson, you'll find out why. You'll also learn how to recognize a progressive tax code, what effects it creates and what the alternatives are. ...
4. (Education) denoting or relating to an educational system that allows flexibility in learning procedures, based on activities determined by the needs and capacities of the individual child, the aim of which is to integrate academic with social development 5. (Economics) (of a tax or tax sys...
PROBLEM TO BE SOLVED: To impart progressive aspect to a value-added tax, namely, an excise tax. ;SOLUTION: Yore specifically, a personal deposit account in a financial institution is separated into a property oriented account and an account exclusive to drawings, virtual current equal to a fixe...
It concludes that tax-financed systems tend to be proportional or mildly progressive, that social insurance systems are regressive and that private systems are even more regressive. Out-of-pocket payments are in most countries an ... WEV Doorslaer - 《Journal of Health Economics》 被引量: 1092...
Individual welfare, majority voting, and the properties of a linear income tax A fundamental problem in public finance is the determination of parameters of income tax functions. This paper focuses on this problem in the context of a ... T Romer - 《Journal of Public Economics》 被引量: 120...