Progression and revenue effects of incom
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Caminada, Koen; Goudswaard, Kees
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Article
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1996
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Springer
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English
β 533 KB
Usually, only initial revenue effects of personal income tax reforms are considered. However, a tax reform characterized by base broadening in exchange for rate reduction can reduce the income elasticity of tax revenue. In that case, the increase in revenue after income growth will be relatively sma