Cok, Mitja and Sambt, Joze and Kosak, Marko and Verbic, Miroslav and Majcen, Boris (2011): Distribution of personal income tax changes in Slovenia.
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Slovenia belongs to a group of EU member states that have reduced their personal income tax burden during the current financial and economic crisis. The latest changes, introduced in the personal income tax system during the last two years, have primarily reduced the tax burden on low-income taxpayers. However, this was only the last step in a series of personal income tax reforms since 2004 that have on average reduced the tax burden on all taxpayers. Using an exclusive database of taxpayers and utilising a general-equilibrium modelling platform, we assess the consequences of these reforms at both the micro and the macro level. From a macroeconomic point of view, the initial positive consequences of higher private consumption and welfare are declining over time due the increased budget deficit and reduced investment.
|Item Type:||MPRA Paper|
|Original Title:||Distribution of personal income tax changes in Slovenia|
|Keywords:||general equilibrium model; income inequality; macroeconomic effects; microsimulation; personal income tax; Slovenia; tax reform|
|Subjects:||D - Microeconomics > D3 - Distribution > D31 - Personal Income, Wealth, and Their Distributions
D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H24 - Personal Income and Other Nonbusiness Taxes and Subsidies
H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H23 - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
|Depositing User:||Miroslav Verbic|
|Date Deposited:||09. Aug 2011 16:42|
|Last Modified:||12. Feb 2013 15:11|
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