| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24531 |
| 来源ID | Working Paper 24531 |
| The Elasticity of Taxable Income in the Presence of Intertemporal Income Shifting | |
| Aspen Gorry; R. Glenn Hubbard; Aparna Mathur | |
| 发表日期 | 2018-04-23 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | Knowing the elasticity of taxable income (ETI) is crucial for understanding the effects of taxation on taxpayer behavior and consequently on tax revenues. Previous research finds that high-income individuals are the most sensitive to tax policy changes. However, these individuals have more opportunities to defer income to future tax bases by altering the composition of their compensation than lower-income individuals. This paper considers the taxable income elasticity when individuals can shift income across tax bases and thereby defer taxation. We decompose the elasticity of taxable income into a real response as well as an income shifting response. We measure the tax rate on deferred income by the expected tax gain from deferring income using stock options as developed by Hall and Liebman (2000). Our results demonstrate that income shifting is an important component of previous estimates of the ETI. Because shifted income is taxed at future dates, income shifting decreases the welfare loss from personal income taxation associated with previous estimates. |
| 主题 | Financial Economics ; Corporate Finance ; Public Economics ; Taxation ; Labor Economics ; Labor Compensation |
| URL | https://www.nber.org/papers/w24531 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582204 |
| 推荐引用方式 GB/T 7714 | Aspen Gorry,R. Glenn Hubbard,Aparna Mathur. The Elasticity of Taxable Income in the Presence of Intertemporal Income Shifting. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w24531.pdf（463KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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