While standard theory teachers that changes in taxes and wage should have opposite and equal effects on labour supply, taxes affect the entire asset position of the household. In the short run, an adjustment of hours in the second job may be the only option available to an individual in ...
2013). Joshi et al. (2020) also show that because of the balancing effects of different tax avoidance practices that escape scrutiny, certain tax information does not significantly affect corporate tax-related behaviorFootnote1.
Posted in Double Taxation, Fiscal Policy, Laffer Curve, Marginal Tax Rate, Supply-side economics, Taxation, tagged Double Taxation, Fiscal Policy, Laffer Curve, Marginal Tax Rate, Supply-side economics, Taxation on December 17, 2024| 3 Comments » Some people say the Laffer Curve is the ec...
In other words, a tax levied on a certain object may affect the prices of nontaxed goods and services that are not even used in the production of the object. Thus, the initial impact of a tax does not indicate where the ultimate burden will rest unless one knows what repercussions the ...
This paper presents labor supply functions estimated on a sample of prime age Swedish males. The model used takes account of the nonlinear character of individuals' budget sets caused by the progressive income tax. It also allows preferences to vary between individuals. Calculations with the estimate...
Gains derived by an individual on shares are long-term if the shares were held for more than 6 months and are taxable only if the shareholding exceeds 10% at one point of time during the 5-year period before the sale. 14.5.9.3 VBC: Mechanisms to affect startup expenses, R&D, and ...
Italy has the lowest labor supply of married women among EU countries. Moreover, the participation rate of married women is positively correlated with their husbands’ income. We show that these two features can be partly explained by the tax system: a h
Therefore, a possible revision of these rules, particularly those that currently have a negative impact, requires an adequate strategy and planning, because it can jeopardise farmers’ profit [94,95,96], affect productivity, jeopardise the availability of food products to the population [39,51], ...
Different taxes can influence economic behavior and deadweight losses in different ways. Taxes on consumption may affect spending patterns, as consumer may no longer want to consume a good if it is more expensive. Alternatively, consumers may seek illegal methods of consuming the good to avoid the...
…Consumption and personal income taxes are found to affect hours per worker, but not employment rates. On the other hand, social security contributions are negatively associated with employment rates, but do not seem to affect hours per worker. …In line with the literature, we document that ...