The results reveal high levels of tax performance in Scandinavian countries and a trend that seems to be more constant than ascending, except Norway.doi:10.1515/sbe-2015-0004Liliana Bunescu„Lucian Blaga” University of Sibiu, RomaniaDe GruyterStudies in Business & Economics...
This policy has been successfully applied in the Scandinavian countries where high top tax rates co-exist with high labour force participation and the highest level of life satisfaction (Kleven 2014). The validity of different policy recommendations, IMT or flat tax, seems crucially dependent on ...
Politicians don’t like cross-border investment because economic activity tends to migrate to places with lower tax rate, and this puts downward pressure on tax rates. There is no evidence that people in the private sector use “offshore” entities in ways that are disproportionately dodgy. By ...
The tax revenue to GDP ratio is high in Scandinavian countries because, at a very basic level, those countries have opted through the democratic...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our ...
an improvement of the environmental quality and an improvement of welfare on the steady state equilibrium when the revenue of the pollution tax is recycled by a change in the labor tax rates. Previous studies show that the double dividend requires economic conditions so that the double dividend ...
Under current law, long-term capital gains are taxed at rates up to 20%—plus a 3.8% ObamaCare surcharge on investment income—only after the asset is sold. Mr. Wyden calls this a loophole. …Mr. Wyden…proposes an annual “mark to market” scheme… As an asset rises in value, its ...
In the EU for example, countries are free to depart from standard sales tax rates since 2007 and apply super discounted tax rates to feminine sanitary products. Still, many countries haven’t lowered their tax rates, with Hungary exhibiting the highest rate at 27 percent. Several Scandinavian co...
we also witness an increasing or revived interest in policies like the Universal Basic Income (UBI) or the Negative Income Tax (NIT)—and to a certain extent also in flat or close-to-flat marginal tax rates (FT)—as possibly appropriate policies.5 In this paper, using microdata on France...
9 In 2014, the tax rate was reduced from 24.5 to 20%, which is relatively low,10 but still considerably higher than effective tax rates in the countries engaged in harmful tax competition (Marian, 2016a). Tax competition in developed countries is usually in form of specific tax incentives ...
in high-income countries, taxes on personal income clearly contribute substantially to total tax revenue. On average, low-income countries rely heavily on corporate tax revenue. We also look at some simple conditional correlations to learn whether increasing statutory tax rates actually reflects in ...