منابع مشابه
How Risky Are Recessions for Top Earners?
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We assess the consequences of increasing the marginal tax rate on U.S. top earners using a human capital model. We find that (1) the peak of the model Laffer curve occurs at a 52 percent top tax rate, (2) there is a formula featuring three elasticities that accurately predicts the top of the model Laffer curve and (3) standard empirical methods underestimate the long-run model earnings elastici...
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The taxation of high-income earners is of importance to every country and is the subject of a considerable amount of recent academic research. Such high-income earners contribute substantial amounts of tax and generate significant positive spillovers, but are also highly mobile: a 1% increase in the top marginal income tax rate increases outmigrations by around 1.5 to 3%. We review research int...
متن کاملOptimal top marginal tax rates under income splitting for couples
This paper provides formulas for optimal top marginal tax rates when couples are taxed according to income splitting between spouses, consumption is taxed, and the skill distribution is unbounded. Optimal top marginal income tax rates are computed for Germany using a dataset that includes the tax returns of all German top taxpayers. We find that the optimal top marginal tax rate converges to ab...
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We quantify how sensitive is migration by star scientist to changes in personal and business tax differentials across states. We uncover large, stable, and precisely estimated effects of personal and corporate taxes on star scientists’ migration patterns. The long run elasticity of mobility relative to taxes is 1.8 for personal income taxes, 1.9 for state corporate income tax and -1.7 for the i...
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ژورنال
عنوان ژورنال: Journal of Economics
سال: 2017
ISSN: 0931-8658
DOI: 10.1007/s00712-017-0557-1