The paper examines tax progressivity and income inequality using Census Bureau Current Population Survey (CPS) personal data. Kakwani index is used to derive for All, Male, Female, White African American wage of CPS respondents, respectively. results show a system that partly progressive mostly regressive. Due its regressive nature, the did not display entire period under analysis respondents a...

In 2020 the total income tax in Bulgaria marked its 100th anniversary. At beginning of 20th century, this was already vogue many countries developed world (Western Europe, USA, etc.). Johannes Popitz (1884-1945), professor law and Prussia's finance minister from 1933 to1944, "crowned" personal as queen taxes. The present study is devoted to genesis development general our country (Kingdom Bulga...

Can Taxes Stabilize the Economy in the Presence of Consumption Externalities? Considering a finance constrained economy, we discuss the stabilization role of variable labour and capital income taxes under a balanced-budget rule in the presence of consumption externalities of the “keeping up with the Joneses” type. We find that sufficiently procyclical labor and/or capital income taxes are able ...

Introduction The role of education in local, state and national economic development has become a central public policy issue in recent years. Rural localities, in particular, which typically have lower education levels among the adult population than urban areas, view increased educational investments as an important component of an economic development strategy. At the same time, rural commun...

The study investigates the impact of taxation on the Nigerian economy for the period 1994 -2012.The dependent variables used in the model includes: Gross Domestic Product (GDP) as a parameter for measuring economic growth, Inflation and unemployment. The objective is this study is to determine how taxation affects these macroeconomic variables. To avoid spurious results, the data set collected ...