Gorry, Aspen
The elasticity of taxable income in the presence of intertemporal income shifting / Aspen Gorry, Glenn Hubbard and Aparna Mathur .-- , 2021
Disponible también en formato electrónico.
Resumen.
Bibliografía.
This paper analyzes how traditional estimates of the elasticity of taxable income among top executives are influenced by the possibility of income deferral. We study the intertemporal shifting of executive compensation in response to changes in personal, corporate, and capital gains tax rates over the period 1992–2005. We separate the elasticity of taxable income into real and income-shifting responses. Most of the elasticity is due to an income-shifting (rather than a real) response. Understanding income shifting provides insight into the revenue and welfare implications of tax policy.
BASE IMPONIBLE
ELASTICIDAD IMPOSITIVA
EROSIÓN DE LA BASE IMPONIBLE Y TRASLADO DE BENEFICIOS
JEFES DE EMPRESA
POLITICA FISCAL
MODELOS ECONOMETRICOS
Hubbard, R. Glenn
Mathur, Aparna
National Tax Journal 0028-0283v. 74, n. 1, March 2021, p. 45-73
The elasticity of taxable income in the presence of intertemporal income shifting / Aspen Gorry, Glenn Hubbard and Aparna Mathur .-- , 2021
Disponible también en formato electrónico.
Resumen.
Bibliografía.
This paper analyzes how traditional estimates of the elasticity of taxable income among top executives are influenced by the possibility of income deferral. We study the intertemporal shifting of executive compensation in response to changes in personal, corporate, and capital gains tax rates over the period 1992–2005. We separate the elasticity of taxable income into real and income-shifting responses. Most of the elasticity is due to an income-shifting (rather than a real) response. Understanding income shifting provides insight into the revenue and welfare implications of tax policy.
BASE IMPONIBLE
ELASTICIDAD IMPOSITIVA
EROSIÓN DE LA BASE IMPONIBLE Y TRASLADO DE BENEFICIOS
JEFES DE EMPRESA
POLITICA FISCAL
MODELOS ECONOMETRICOS
Hubbard, R. Glenn
Mathur, Aparna
National Tax Journal 0028-0283v. 74, n. 1, March 2021, p. 45-73