The introduction of the income tax, fiscal capacity, and migration evidence from US States by Traviss Cassidy, Mark Dincecco and Ugo Antonio Troiano
By: Cassidy, Traviss
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Contributor(s): Dincecco, Mark | Troiano, Ugo.
Material type: 
ArticleSubject(s): IMPUESTO SOBRE LA RENTA DE LAS PERSONAS FISICAS | CAPACIDAD FISCAL | INGRESOS FISCALES | MIGRACIONES INTERIORES | INCENTIVOS FISCALES | ESTADOS UNIDOS
In:
American Economic Journal : Economic Policy v. 16, n. 1, February 2024, p. 359-393Summary: We evaluate how fiscal capacity and migration respond to the introduction of the individual income tax, drawing on new panel data on US states from 1900 to 2010. We find that the introduction of the income tax increased revenue per capita by 12 percent in the short term, 15 percent in the medium term, and 17 percent in the long term. The absolute level of revenue, however, did not significantly change over the long term for post–World War II adopters. To explain this, we show that the introduction of the income tax induced significant outmigration to non-income-tax states by middle- and high-earning households.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
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| Artículos | IEF | IEF | OP 2135/2024/1-4 (Browse shelf) | Available | OP 2135/2024/1-4 |
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We evaluate how fiscal capacity and migration respond to the introduction of the individual income tax, drawing on new panel data on US states from 1900 to 2010. We find that the introduction of the income tax increased revenue per capita by 12 percent in the short term, 15 percent in the medium term, and 17 percent in the long term. The absolute level of revenue, however, did not significantly change over the long term for post–World War II adopters. To explain this, we show that the introduction of the income tax induced significant outmigration to non-income-tax states by middle- and high-earning households.
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