The distribution of taxable income and fiscal benefits in Spain: New evidence from personal income tax returns (2002-2011)
The personal tax system has a large influence on incentives to work, save and invest and hence growth. At the same time it is a key policy lever for income redistribution. This paper analyses how income distribution patterns changed in Spain before and after the crisis using the personal income tax...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2017
|
| Schriftenreihe: | OECD Economics Department Working Papers
no.1427 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | The personal tax system has a large influence on incentives to work, save and invest and hence growth. At the same time it is a key policy lever for income redistribution. This paper analyses how income distribution patterns changed in Spain before and after the crisis using the personal income tax samples constructed by the Spanish Institute of Fiscal Studies for the period 2002 to 2011. We find that the top and bottom of the income distribution gained the most from the boom period, and the bottom suffered proportionally more in the subsequent bust. Although Spain's average personal tax rates were above the OECD average, personal tax revenue as a share was below the OECD average. One reason for this is substantial fiscal benefits that significantly reduce total tax received by the government. We examine the distribution of the tax burden, and especially how income deciles benefit from the different fiscal benefits, namely tax exemptions, reductions and tax credits. This reveals that Spain's personal income tax system is progressive, especially for labour income, but far less so for capital income. Some fiscal benefits, notably the tax credit on maternity, are highly progressive. Other fiscal benefits, mainly exemptions and reductions, are regressive. These include the exemptions on renting and on the interest from investing in dwellings and the reduction for contributions to personal pension plans. |
| Beschreibung: | 1 Online-Ressource (52 p.) |
| DOI: | 10.1787/5f8594f0-en |
Internformat
MARC
| LEADER | 00000cam a22000002 4500 | ||
|---|---|---|---|
| 001 | ZDB-13-SOC-061303631 | ||
| 003 | DE-627-1 | ||
| 005 | 20231204121510.0 | ||
| 007 | cr uuu---uuuuu | ||
| 008 | 210204s2017 xx |||||o 00| ||eng c | ||
| 024 | 7 | |a 10.1787/5f8594f0-en |2 doi | |
| 035 | |a (DE-627-1)061303631 | ||
| 035 | |a (DE-599)KEP061303631 | ||
| 035 | |a (FR-PaOEC)5f8594f0-en | ||
| 035 | |a (EBP)061303631 | ||
| 040 | |a DE-627 |b ger |c DE-627 |e rda | ||
| 041 | |a eng | ||
| 084 | |a H23 |2 jelc | ||
| 084 | |a H24 |2 jelc | ||
| 084 | |a D31 |2 jelc | ||
| 100 | 1 | |a Haugh, David |e VerfasserIn |4 aut | |
| 245 | 1 | 4 | |a The distribution of taxable income and fiscal benefits in Spain |b New evidence from personal income tax returns (2002-2011) |c David, Haugh and Clara, Martinez-Toledano |
| 264 | 1 | |a Paris |b OECD Publishing |c 2017 | |
| 300 | |a 1 Online-Ressource (52 p.) | ||
| 336 | |a Text |b txt |2 rdacontent | ||
| 337 | |a Computermedien |b c |2 rdamedia | ||
| 338 | |a Online-Ressource |b cr |2 rdacarrier | ||
| 490 | 0 | |a OECD Economics Department Working Papers |v no.1427 | |
| 520 | |a The personal tax system has a large influence on incentives to work, save and invest and hence growth. At the same time it is a key policy lever for income redistribution. This paper analyses how income distribution patterns changed in Spain before and after the crisis using the personal income tax samples constructed by the Spanish Institute of Fiscal Studies for the period 2002 to 2011. We find that the top and bottom of the income distribution gained the most from the boom period, and the bottom suffered proportionally more in the subsequent bust. Although Spain's average personal tax rates were above the OECD average, personal tax revenue as a share was below the OECD average. One reason for this is substantial fiscal benefits that significantly reduce total tax received by the government. We examine the distribution of the tax burden, and especially how income deciles benefit from the different fiscal benefits, namely tax exemptions, reductions and tax credits. This reveals that Spain's personal income tax system is progressive, especially for labour income, but far less so for capital income. Some fiscal benefits, notably the tax credit on maternity, are highly progressive. Other fiscal benefits, mainly exemptions and reductions, are regressive. These include the exemptions on renting and on the interest from investing in dwellings and the reduction for contributions to personal pension plans. | ||
| 650 | 4 | |a Economics | |
| 650 | 4 | |a Spain | |
| 700 | 1 | |a Martinez-Toledano, Clara |e MitwirkendeR |4 ctb | |
| 856 | 4 | 0 | |l FWS01 |p ZDB-13-SOC |q FWS_PDA_SOC |u https://doi.org/10.1787/5f8594f0-en |3 Volltext |
| 912 | |a ZDB-13-SOC | ||
| 912 | |a ZDB-13-SOC | ||
| 951 | |a BO | ||
| 912 | |a ZDB-13-SOC | ||
| 049 | |a DE-863 | ||
Datensatz im Suchindex
| DE-BY-FWS_katkey | ZDB-13-SOC-061303631 |
|---|---|
| _version_ | 1816797335131258881 |
| adam_text | |
| any_adam_object | |
| author | Haugh, David |
| author2 | Martinez-Toledano, Clara |
| author2_role | ctb |
| author2_variant | c m t cmt |
| author_facet | Haugh, David Martinez-Toledano, Clara |
| author_role | aut |
| author_sort | Haugh, David |
| author_variant | d h dh |
| building | Verbundindex |
| bvnumber | localFWS |
| collection | ZDB-13-SOC |
| ctrlnum | (DE-627-1)061303631 (DE-599)KEP061303631 (FR-PaOEC)5f8594f0-en (EBP)061303631 |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1787/5f8594f0-en |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02686cam a22003972 4500</leader><controlfield tag="001">ZDB-13-SOC-061303631</controlfield><controlfield tag="003">DE-627-1</controlfield><controlfield tag="005">20231204121510.0</controlfield><controlfield tag="007">cr uuu---uuuuu</controlfield><controlfield tag="008">210204s2017 xx |||||o 00| ||eng c</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/5f8594f0-en</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627-1)061303631</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KEP061303631</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(FR-PaOEC)5f8594f0-en</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(EBP)061303631</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-627</subfield><subfield code="b">ger</subfield><subfield code="c">DE-627</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1=" " ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">H23</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">H24</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">D31</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Haugh, David</subfield><subfield code="e">VerfasserIn</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="4"><subfield code="a">The distribution of taxable income and fiscal benefits in Spain</subfield><subfield code="b">New evidence from personal income tax returns (2002-2011)</subfield><subfield code="c">David, Haugh and Clara, Martinez-Toledano</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2017</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (52 p.)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">Text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">Computermedien</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield><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><subfield code="v">no.1427</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">The personal tax system has a large influence on incentives to work, save and invest and hence growth. At the same time it is a key policy lever for income redistribution. This paper analyses how income distribution patterns changed in Spain before and after the crisis using the personal income tax samples constructed by the Spanish Institute of Fiscal Studies for the period 2002 to 2011. We find that the top and bottom of the income distribution gained the most from the boom period, and the bottom suffered proportionally more in the subsequent bust. Although Spain's average personal tax rates were above the OECD average, personal tax revenue as a share was below the OECD average. One reason for this is substantial fiscal benefits that significantly reduce total tax received by the government. We examine the distribution of the tax burden, and especially how income deciles benefit from the different fiscal benefits, namely tax exemptions, reductions and tax credits. This reveals that Spain's personal income tax system is progressive, especially for labour income, but far less so for capital income. Some fiscal benefits, notably the tax credit on maternity, are highly progressive. Other fiscal benefits, mainly exemptions and reductions, are regressive. These include the exemptions on renting and on the interest from investing in dwellings and the reduction for contributions to personal pension plans.</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economics</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Spain</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Martinez-Toledano, Clara</subfield><subfield code="e">MitwirkendeR</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="l">FWS01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="q">FWS_PDA_SOC</subfield><subfield code="u">https://doi.org/10.1787/5f8594f0-en</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="951" ind1=" " ind2=" "><subfield code="a">BO</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-863</subfield></datafield></record></collection> |
| id | ZDB-13-SOC-061303631 |
| illustrated | Not Illustrated |
| indexdate | 2024-11-26T14:55:56Z |
| institution | BVB |
| language | English |
| open_access_boolean | |
| owner | DE-863 DE-BY-FWS |
| owner_facet | DE-863 DE-BY-FWS |
| physical | 1 Online-Ressource (52 p.) |
| psigel | ZDB-13-SOC |
| publishDate | 2017 |
| publishDateSearch | 2017 |
| publishDateSort | 2017 |
| publisher | OECD Publishing |
| record_format | marc |
| series2 | OECD Economics Department Working Papers |
| spelling | Haugh, David VerfasserIn aut The distribution of taxable income and fiscal benefits in Spain New evidence from personal income tax returns (2002-2011) David, Haugh and Clara, Martinez-Toledano Paris OECD Publishing 2017 1 Online-Ressource (52 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1427 The personal tax system has a large influence on incentives to work, save and invest and hence growth. At the same time it is a key policy lever for income redistribution. This paper analyses how income distribution patterns changed in Spain before and after the crisis using the personal income tax samples constructed by the Spanish Institute of Fiscal Studies for the period 2002 to 2011. We find that the top and bottom of the income distribution gained the most from the boom period, and the bottom suffered proportionally more in the subsequent bust. Although Spain's average personal tax rates were above the OECD average, personal tax revenue as a share was below the OECD average. One reason for this is substantial fiscal benefits that significantly reduce total tax received by the government. We examine the distribution of the tax burden, and especially how income deciles benefit from the different fiscal benefits, namely tax exemptions, reductions and tax credits. This reveals that Spain's personal income tax system is progressive, especially for labour income, but far less so for capital income. Some fiscal benefits, notably the tax credit on maternity, are highly progressive. Other fiscal benefits, mainly exemptions and reductions, are regressive. These include the exemptions on renting and on the interest from investing in dwellings and the reduction for contributions to personal pension plans. Economics Spain Martinez-Toledano, Clara MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5f8594f0-en Volltext |
| spellingShingle | Haugh, David The distribution of taxable income and fiscal benefits in Spain New evidence from personal income tax returns (2002-2011) Economics Spain |
| title | The distribution of taxable income and fiscal benefits in Spain New evidence from personal income tax returns (2002-2011) |
| title_auth | The distribution of taxable income and fiscal benefits in Spain New evidence from personal income tax returns (2002-2011) |
| title_exact_search | The distribution of taxable income and fiscal benefits in Spain New evidence from personal income tax returns (2002-2011) |
| title_full | The distribution of taxable income and fiscal benefits in Spain New evidence from personal income tax returns (2002-2011) David, Haugh and Clara, Martinez-Toledano |
| title_fullStr | The distribution of taxable income and fiscal benefits in Spain New evidence from personal income tax returns (2002-2011) David, Haugh and Clara, Martinez-Toledano |
| title_full_unstemmed | The distribution of taxable income and fiscal benefits in Spain New evidence from personal income tax returns (2002-2011) David, Haugh and Clara, Martinez-Toledano |
| title_short | The distribution of taxable income and fiscal benefits in Spain |
| title_sort | distribution of taxable income and fiscal benefits in spain new evidence from personal income tax returns 2002 2011 |
| title_sub | New evidence from personal income tax returns (2002-2011) |
| topic | Economics Spain |
| topic_facet | Economics Spain |
| url | https://doi.org/10.1787/5f8594f0-en |
| work_keys_str_mv | AT haughdavid thedistributionoftaxableincomeandfiscalbenefitsinspainnewevidencefrompersonalincometaxreturns20022011 AT martineztoledanoclara thedistributionoftaxableincomeandfiscalbenefitsinspainnewevidencefrompersonalincometaxreturns20022011 AT haughdavid distributionoftaxableincomeandfiscalbenefitsinspainnewevidencefrompersonalincometaxreturns20022011 AT martineztoledanoclara distributionoftaxableincomeandfiscalbenefitsinspainnewevidencefrompersonalincometaxreturns20022011 |