Searching for the inclusive growth tax grail: The distributional impact of growth enhancing tax reform in Ireland
The economic literature suggests that a revenue-neutral shift of tax revenues from income taxes to property taxes would increase GDP per capita in the medium term. This paper analyses for Ireland the consequences of such a shift in the tax mix. In particular, it examines whether this can be carried...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2015
|
| Schriftenreihe: | OECD Economics Department Working Papers
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | The economic literature suggests that a revenue-neutral shift of tax revenues from income taxes to property taxes would increase GDP per capita in the medium term. This paper analyses for Ireland the consequences of such a shift in the tax mix. In particular, it examines whether this can be carried out in a way that would neither undermine income distribution nor depress government revenue. Simulations using the ESRI tax-benefit model, SWITCH, suggest it is possible to achieve such a broadly revenue-neutral tax shift in a non-regressive way, while lowering marginal tax rates for most taxpayers. In particular, reductions in the Universal Social Charge would reduce marginal and average tax rates and have a positive impact for the income of most households. This could be funded by shifting the tax base toward residential properties, though this might have an adverse effect on income distribution, due to Ireland's high rates of home ownership throughout the income distribution. The analysis shows that low income groups could be protected through the careful introduction of income-related supports, with revenue losses recovered through a more progressive property tax rate structure. Overall, the simulations show that a shift from labour to property tax can be pro-growth and pro-employment, without equity losses. The paper therefore suggests that tax reform can be inclusive |
| Beschreibung: | 1 Online-Ressource (32 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5jrqc6vk3n30-en |
Internformat
MARC
| LEADER | 00000nam a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV047934462 | ||
| 003 | DE-604 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220413s2015 xx o|||| 00||| eng d | ||
| 024 | 7 | |a 10.1787/5jrqc6vk3n30-en |2 doi | |
| 035 | |a (ZDB-13-SOC)061279897 | ||
| 035 | |a (OCoLC)1312694148 | ||
| 035 | |a (DE-599)BVBBV047934462 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-384 |a DE-91 |a DE-473 |a DE-824 |a DE-29 |a DE-739 |a DE-355 |a DE-20 |a DE-1028 |a DE-1049 |a DE-188 |a DE-521 |a DE-861 |a DE-898 |a DE-92 |a DE-573 |a DE-19 | ||
| 100 | 1 | |a O'Connor, Brendan |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Searching for the inclusive growth tax grail |b The distributional impact of growth enhancing tax reform in Ireland |c Brendan O'Connor ... [et al] = A la recherche du graal de l'impôt inclusif : L'impact redistributif de la réforme de l'impôt pour améliorer la croissance en Irlande / Brendan O'Connor ... [et al] |
| 246 | 1 | 3 | |a A la recherche du graal de l'impôt inclusif |
| 264 | 1 | |a Paris |b OECD Publishing |c 2015 | |
| 300 | |a 1 Online-Ressource (32 Seiten) |c 21 x 29.7cm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a OECD Economics Department Working Papers | |
| 520 | |a The economic literature suggests that a revenue-neutral shift of tax revenues from income taxes to property taxes would increase GDP per capita in the medium term. This paper analyses for Ireland the consequences of such a shift in the tax mix. In particular, it examines whether this can be carried out in a way that would neither undermine income distribution nor depress government revenue. Simulations using the ESRI tax-benefit model, SWITCH, suggest it is possible to achieve such a broadly revenue-neutral tax shift in a non-regressive way, while lowering marginal tax rates for most taxpayers. In particular, reductions in the Universal Social Charge would reduce marginal and average tax rates and have a positive impact for the income of most households. This could be funded by shifting the tax base toward residential properties, though this might have an adverse effect on income distribution, due to Ireland's high rates of home ownership throughout the income distribution. The analysis shows that low income groups could be protected through the careful introduction of income-related supports, with revenue losses recovered through a more progressive property tax rate structure. Overall, the simulations show that a shift from labour to property tax can be pro-growth and pro-employment, without equity losses. The paper therefore suggests that tax reform can be inclusive | ||
| 650 | 4 | |a Economics | |
| 650 | 4 | |a Ireland | |
| 700 | 1 | |a Hynes, Terence |4 ctb | |
| 700 | 1 | |a Haugh, David |4 ctb | |
| 700 | 1 | |a Lenain, Patrick |4 ctb | |
| 856 | 4 | 0 | |u https://doi.org/10.1787/5jrqc6vk3n30-en |x Verlag |z kostenfrei |3 Volltext |
| 912 | |a ZDB-13-SOC | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033315956 | |
Datensatz im Suchindex
| _version_ | 1818806052132487168 |
|---|---|
| adam_text | |
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | O'Connor, Brendan |
| author2 | Hynes, Terence Haugh, David Lenain, Patrick |
| author2_role | ctb ctb ctb |
| author2_variant | t h th d h dh p l pl |
| author_facet | O'Connor, Brendan Hynes, Terence Haugh, David Lenain, Patrick |
| author_role | aut |
| author_sort | O'Connor, Brendan |
| author_variant | b o bo |
| building | Verbundindex |
| bvnumber | BV047934462 |
| collection | ZDB-13-SOC |
| ctrlnum | (ZDB-13-SOC)061279897 (OCoLC)1312694148 (DE-599)BVBBV047934462 |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1787/5jrqc6vk3n30-en |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000zc 4500</leader><controlfield tag="001">BV047934462</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220413s2015 xx o|||| 00||| eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/5jrqc6vk3n30-en</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-13-SOC)061279897</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1312694148</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047934462</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-384</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-1028</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-861</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">O'Connor, Brendan</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Searching for the inclusive growth tax grail</subfield><subfield code="b">The distributional impact of growth enhancing tax reform in Ireland</subfield><subfield code="c">Brendan O'Connor ... [et al] = A la recherche du graal de l'impôt inclusif : L'impact redistributif de la réforme de l'impôt pour améliorer la croissance en Irlande / Brendan O'Connor ... [et al]</subfield></datafield><datafield tag="246" ind1="1" ind2="3"><subfield code="a">A la recherche du graal de l'impôt inclusif</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2015</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (32 Seiten)</subfield><subfield code="c">21 x 29.7cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">OECD Economics Department Working Papers</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">The economic literature suggests that a revenue-neutral shift of tax revenues from income taxes to property taxes would increase GDP per capita in the medium term. This paper analyses for Ireland the consequences of such a shift in the tax mix. In particular, it examines whether this can be carried out in a way that would neither undermine income distribution nor depress government revenue. Simulations using the ESRI tax-benefit model, SWITCH, suggest it is possible to achieve such a broadly revenue-neutral tax shift in a non-regressive way, while lowering marginal tax rates for most taxpayers. In particular, reductions in the Universal Social Charge would reduce marginal and average tax rates and have a positive impact for the income of most households. This could be funded by shifting the tax base toward residential properties, though this might have an adverse effect on income distribution, due to Ireland's high rates of home ownership throughout the income distribution. The analysis shows that low income groups could be protected through the careful introduction of income-related supports, with revenue losses recovered through a more progressive property tax rate structure. Overall, the simulations show that a shift from labour to property tax can be pro-growth and pro-employment, without equity losses. The paper therefore suggests that tax reform can be inclusive</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economics</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Ireland</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Hynes, Terence</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Haugh, David</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Lenain, Patrick</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1787/5jrqc6vk3n30-en</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033315956</subfield></datafield></record></collection> |
| id | DE-604.BV047934462 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:35:02Z |
| indexdate | 2024-12-18T19:03:38Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033315956 |
| oclc_num | 1312694148 |
| open_access_boolean | 1 |
| owner | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| owner_facet | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| physical | 1 Online-Ressource (32 Seiten) 21 x 29.7cm |
| psigel | ZDB-13-SOC |
| publishDate | 2015 |
| publishDateSearch | 2015 |
| publishDateSort | 2015 |
| publisher | OECD Publishing |
| record_format | marc |
| series2 | OECD Economics Department Working Papers |
| spelling | O'Connor, Brendan Verfasser aut Searching for the inclusive growth tax grail The distributional impact of growth enhancing tax reform in Ireland Brendan O'Connor ... [et al] = A la recherche du graal de l'impôt inclusif : L'impact redistributif de la réforme de l'impôt pour améliorer la croissance en Irlande / Brendan O'Connor ... [et al] A la recherche du graal de l'impôt inclusif Paris OECD Publishing 2015 1 Online-Ressource (32 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers The economic literature suggests that a revenue-neutral shift of tax revenues from income taxes to property taxes would increase GDP per capita in the medium term. This paper analyses for Ireland the consequences of such a shift in the tax mix. In particular, it examines whether this can be carried out in a way that would neither undermine income distribution nor depress government revenue. Simulations using the ESRI tax-benefit model, SWITCH, suggest it is possible to achieve such a broadly revenue-neutral tax shift in a non-regressive way, while lowering marginal tax rates for most taxpayers. In particular, reductions in the Universal Social Charge would reduce marginal and average tax rates and have a positive impact for the income of most households. This could be funded by shifting the tax base toward residential properties, though this might have an adverse effect on income distribution, due to Ireland's high rates of home ownership throughout the income distribution. The analysis shows that low income groups could be protected through the careful introduction of income-related supports, with revenue losses recovered through a more progressive property tax rate structure. Overall, the simulations show that a shift from labour to property tax can be pro-growth and pro-employment, without equity losses. The paper therefore suggests that tax reform can be inclusive Economics Ireland Hynes, Terence ctb Haugh, David ctb Lenain, Patrick ctb https://doi.org/10.1787/5jrqc6vk3n30-en Verlag kostenfrei Volltext |
| spellingShingle | O'Connor, Brendan Searching for the inclusive growth tax grail The distributional impact of growth enhancing tax reform in Ireland Economics Ireland |
| title | Searching for the inclusive growth tax grail The distributional impact of growth enhancing tax reform in Ireland |
| title_alt | A la recherche du graal de l'impôt inclusif |
| title_auth | Searching for the inclusive growth tax grail The distributional impact of growth enhancing tax reform in Ireland |
| title_exact_search | Searching for the inclusive growth tax grail The distributional impact of growth enhancing tax reform in Ireland |
| title_exact_search_txtP | Searching for the inclusive growth tax grail The distributional impact of growth enhancing tax reform in Ireland |
| title_full | Searching for the inclusive growth tax grail The distributional impact of growth enhancing tax reform in Ireland Brendan O'Connor ... [et al] = A la recherche du graal de l'impôt inclusif : L'impact redistributif de la réforme de l'impôt pour améliorer la croissance en Irlande / Brendan O'Connor ... [et al] |
| title_fullStr | Searching for the inclusive growth tax grail The distributional impact of growth enhancing tax reform in Ireland Brendan O'Connor ... [et al] = A la recherche du graal de l'impôt inclusif : L'impact redistributif de la réforme de l'impôt pour améliorer la croissance en Irlande / Brendan O'Connor ... [et al] |
| title_full_unstemmed | Searching for the inclusive growth tax grail The distributional impact of growth enhancing tax reform in Ireland Brendan O'Connor ... [et al] = A la recherche du graal de l'impôt inclusif : L'impact redistributif de la réforme de l'impôt pour améliorer la croissance en Irlande / Brendan O'Connor ... [et al] |
| title_short | Searching for the inclusive growth tax grail |
| title_sort | searching for the inclusive growth tax grail the distributional impact of growth enhancing tax reform in ireland |
| title_sub | The distributional impact of growth enhancing tax reform in Ireland |
| topic | Economics Ireland |
| topic_facet | Economics Ireland |
| url | https://doi.org/10.1787/5jrqc6vk3n30-en |
| work_keys_str_mv | AT oconnorbrendan searchingfortheinclusivegrowthtaxgrailthedistributionalimpactofgrowthenhancingtaxreforminireland AT hynesterence searchingfortheinclusivegrowthtaxgrailthedistributionalimpactofgrowthenhancingtaxreforminireland AT haughdavid searchingfortheinclusivegrowthtaxgrailthedistributionalimpactofgrowthenhancingtaxreforminireland AT lenainpatrick searchingfortheinclusivegrowthtaxgrailthedistributionalimpactofgrowthenhancingtaxreforminireland AT oconnorbrendan alarecherchedugraaldelimpotinclusif AT hynesterence alarecherchedugraaldelimpotinclusif AT haughdavid alarecherchedugraaldelimpotinclusif AT lenainpatrick alarecherchedugraaldelimpotinclusif |