Higher taxes at the top? The role of tax avoidance
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Economic Dynamics and Control"
DOI: 10.1016/j.jedc.2021.104187
Abstract: Abstract How does the presence of endogenous tax compliance alter optimal taxation in the United States? Using a full-scale macroeconomic model augmented with endogenous tax avoidance, I show that extremely high marginal tax rates for… read more here.
Keywords: tax; taxes top; top role; higher taxes ... See more keywords
Higher Taxes at the Top: The Role of Entrepreneurs
Sign Up to like & getrecommendations! Published in 2021 at "American Economic Journal: Macroeconomics"
DOI: 10.1257/mac.20170441
Abstract: This paper computes optimal top marginal tax rates in Bewley-Huggett-Aiyagari–type economies that include entrepreneurs. Consistent with the data, entrepreneurs are overrepresented at the top of the income distribution and are thus disproportionately affected by an… read more here.
Keywords: top marginal; higher taxes; taxes top; top role ... See more keywords