Zidar, Owen
Tax cuts for whom? heterogeneous effects of income tax changes on growth and employment / Owen Zidar .-- , 2019
Disponible también en formato electrónico en la Biblioteca del IEF.
Resumen.
Bibliografía.
This paper investigates how tax changes for different income groups affect aggregate economic activity. I construct a measure of who received (or paid for) tax changes in the postwar period using tax return data from NBER’s TAXSIM. Variation in the income distribution across US states and federal tax changes generate variation in regional tax shocks that I exploit to test for heterogeneous effects. I find that the positive relationship between tax cuts and employment growth is largely
driven by tax cuts for lower-income groups and that the effect of tax cuts for the top 10 percent on employment growth is small.
IMPUESTOS
REDUCCIONES TRIBUTARIAS
POLITICA FISCAL
REFORMA
ESTADOS UNIDOS
Journal of Political Economy 0022-3808 v. 127, n. 3, June 2019, p. 1437-1472
Tax cuts for whom? heterogeneous effects of income tax changes on growth and employment / Owen Zidar .-- , 2019
Disponible también en formato electrónico en la Biblioteca del IEF.
Resumen.
Bibliografía.
This paper investigates how tax changes for different income groups affect aggregate economic activity. I construct a measure of who received (or paid for) tax changes in the postwar period using tax return data from NBER’s TAXSIM. Variation in the income distribution across US states and federal tax changes generate variation in regional tax shocks that I exploit to test for heterogeneous effects. I find that the positive relationship between tax cuts and employment growth is largely
driven by tax cuts for lower-income groups and that the effect of tax cuts for the top 10 percent on employment growth is small.
IMPUESTOS
REDUCCIONES TRIBUTARIAS
POLITICA FISCAL
REFORMA
ESTADOS UNIDOS
Journal of Political Economy 0022-3808 v. 127, n. 3, June 2019, p. 1437-1472