Gradual tax reforms: If you like it, you can keep it

Raei, Sepideh

doi:10.1016/j.jedc.2019.103793

Cited by 5 publications

(2 citation statements)

References 20 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Existing approaches to modeling progressive household income taxation in the United States have generally taken one of the two forms. The first approach, which ignores the distinction between ordinary and preferential capital income, is to simply add all capital income to labor income and tax both as a single base according to a smooth or piecewise function (Altig and Carlstrom 1999; Ventura 1999; Daz-Giménez and Pijoan-Mas 2006; Conesa, Kitao, and Krueger 2009; Kitao 2010; Guner, Kaygusuz, and Ventura 2011; Nishiyama 2015; Lopez-Daneri 2016; Daz-Giménez and Pijoan-Mas 2019; Raei 2020a). The second approach, which acknowledges that the tax treatment of capital and labor income differ, is to maintain independent bases for all capital and labor income by taxing only labor income according to a smooth or piecewise function and taxing capital income at a flat rate(s) (Altig et al 2001; Conesa, Kitao, and Krueger 2009; Krueger and Ludwig 2013; Zodrow and Diamond 2013; Krueger and Ludwig 2016; Guvenen et al 2019; Holter, Krueger, and Stepanchuk 2019; Kindermann and Krueger 2020).…”

mentioning

confidence: 99%

A Tale of Two Bases: Progressive Taxation of Capital and Labor Income

Moore

Pecoraro

2021

Public Finance Review

View full text Add to dashboard Cite

Macroeconomic models routinely abstract simultaneously from two features of the US federal tax code: the joint taxation of ordinary capital and labor income and the special taxation of preferential capital income. In this article, we argue that this abstraction omits a “portfolio-effect” mechanism where endogenous changes to the ordinary-preferential composition of households’ capital income influence individuals’ optimal labor and saving decisions through its impact on their effective marginal tax rates. We demonstrate the quantitative importance of this tax detail by simulating provisions from the recently enacted “Tax Cuts and Jobs Act” using a heterogeneous-agent overlapping generations framework calibrated to the US economy. Our findings imply that accounting for the detailed taxation of labor and capital income should be considered an important modeling feature for tax policy analysis.

show abstract

mentioning

confidence: 99%

A Tale of Two Bases: Progressive Taxation of Capital and Labor Income

Moore

Pecoraro

2021

Public Finance Review

View full text Add to dashboard Cite

show abstract

“…‫عمي‬ ‫تبة‬ ‫المتر‬ ‫اآلثار‬ ‫و‬ ‫يبى‬ ‫الضر‬ ‫اإلصبلح‬ ‫تطبيؽ‬ (Zhang, et al, 2013;Ghiaie et al, 2019;Magnani & Piccoli, 2020;Gnangnon, 2021) ‫بعض‬ ‫اىتمت‬ ‫ة‬ ‫األخير‬ ‫ات‬ ‫السنو‬ ‫فى‬ ‫ولكف‬ . ‫الحصيمة‬ ‫تعظيـ‬ ‫فى‬ ‫قمنة)‬ ‫(الر‬ ‫االتصاالت‬ ‫و‬ ‫المعمومات‬ ‫تكنولوجيا‬ ‫بدور‬ ‫اسات‬ ‫الدر‬ ‫يبية‬ ‫الضر‬ (Chatam, 2013;Boedo, 2018 (Shim & Jung, 2012;Angelopoulos et al, 2013;Oueslati, 2014;Fujiwara, 2014;Zou & Chen, 2016;Choi et al, 2017;Auray et al, 2017;Raei, 2020) ‫يف‬ ‫المستثمر‬ ‫سموؾ‬ ، ‫وتقمبات‬ ‫األسيـ‬ ‫ائد‬ ‫عو‬ (Tseng & Hu, 2013;Hayashida & Ono, 2016) ‫المستيمؾ‬ ‫سموؾ‬ ، (Klenert & Mattauch, 2016;Zhong, et al, 2018;Xu et al,…”

unclassified

استخدام تکلفة الإصلاح الضریبى الرقمى فى ضبط مؤشرات المالیة العامة فى مصر (دراسة تطبیقیة)

زهر¹

2021

المجلة العلمیة للبحوث التجاریة

View full text Add to dashboard Cite

The research aims to examine the ability of the cost of digital tax reform to control the performance of public finances in Egypt. To achieve this aim, the researcher used the multiple regression method to analyze the ability of the cost of digital projects implemented in various tax departments in Egypt to explain the level of public finance performance during the first five years of adopting the digital tax reform approach (2014/2015 -2019/2018). The researcher relied on five indicators for the performance of public finance are: the public revenue ratio, the public expenses ratio, the total deficit ratio, the cash deficit ratio, and the primary deficit ratio. The researcher reached several results, the most important of which are: There is a significant effect of the cost of digital tax reform on all public finance performance indicators, except for the public expenses ratio. And that this effect was negative for the percentage of public revenues, and positive for the rest of the indicators.The researcher recommended the necessity of paying attention to the cost of the digital tax reform as one of the explanatory factors for the performance of public finances in Egypt, and that containing the public budget deficit of all kinds requires taking into account the costs of the project of customs port buildings, the costs of the real estate tax collection devices project, the costs of the government spending mechanization project, The costs of the information technology project in the Minister"s office sector, the costs of the value-added tax collection devices project.

show abstract