Vertical income tax externalities and fiscal interdependence : evidence from the US / Álex Esteller-Moré and Albert Solé-Ollé
Contributor(s): Resource type: Ressourcentyp: BuchBookLanguage: English Series: Discussion paper ; 99,28 : Public finance and corporate taxationPublisher: Mannheim : ZEW, 1999Description: 35 S. : graph. DarstSubject(s): Genre/Form: Additional physical formats: Erscheint auch als: Vertical income tax externalities and fiscal interdependence. Online-Ausgabe Mannheim : ZEW, 1999. 1 Online-Ressource (circa 34 Seiten)Summary: Concurrent taxation is a feature of many federal systems. As a consequence of this fact, the tax policy of one level of government affects the tax base of the other. This paper carries out a theoretical analysis of the interdependent tax-setting decisions of federal and regional governments, paying special attention to institutional features that characterise the U.S. federal system in practice and that formally link the taxes employed at various levels of government (i.e.: tax deductibility). The developed hypotheses are tested with data corresponding to the U.S. personal income taxes for the last decade. We find that when the federal government increases taxes, there is a significant positive response of regional taxes.Call number: Grundsignatur: 2001 B 194PPN: PPN: 1148653740| Item type | Home library | Shelving location | Call number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Magazinbestand ausleihbar | Bibliothek Campus Süd | Geschlossenes Magazin | 2001 B 194 | Available | 09043065964 |
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