How has globalization affected the relative taxation of labor and capital, and why? To address this question, this paper builds and analyzes a new database of effective macroeconomic tax rates covering 150 countries since 1965, constructed by combining national accounts data with government revenue statistics. Four main findings are obtained. (1) The effective tax rates on labor and capital have converged globally since the 1960s, due to a 10 percentage-point...
Подробнее
ПОДРОБНАЯ ИНФОРМАЦИЯ
-
2022/03/15
-
Рабочий документ в рамках исследования вопросов политики
-
WPS9973
-
1
-
1
-
2022/03/15
-
Disclosed
-
Globalization and Factor Income Taxation
-
reduction in corporate tax rates