Number of the records: 1
Tax evasion, human capital, and productivity-induced tax rate reduction
- 1.0439522 - NHU-C 2015 RIV US eng J - Journal Article
Gillman, M. - Kejak, Michal
Tax evasion, human capital, and productivity-induced tax rate reduction.
Journal of Human Capital. Roč. 8, č. 1 (2014), s. 42-79. ISSN 1932-8575. E-ISSN 1932-8664
Grant - others:UK(CZ) UNCE 204005/2012
Institutional support: PRVOUK-P23
Keywords : tax evasion * human capital * tax rates and tables
Subject RIV: AH - Economics
Impact factor: 0.600, year: 2014
Growth in the human capital sector's productivity explains in part how US postwar growth and welfare could have increased while US tax rates declined. Modeling tax evasion within an endogenous growth model with human capital, an upward trend in goods and human capital sectors gradually decreases tax evasion and allows for tax rate reduction. Using estimated goods and human capital sectoral productivities, the model explains 30 percent of the actual decline in a weighted average of postwar US top marginal personal and corporate tax rates.
Permanent Link: http://hdl.handle.net/11104/0244172
Number of the records: 1