The removal of tax expenditures from Spanish personal income tax: Impact on tax collection and income distribution
The paper estimates the consequences for tax revenue and income distribution of the removal of the tax expenditures from Spanish Personal Income Tax (IRPF) in place during the 2013 tax year. The paper concludes that the removal of all the tax expenditures analyzed would increase revenue by €24,457 m...
| Autores: | , , |
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| Tipo de documento: | artigo |
| Data de publicação: | 2022 |
| País: | España |
| Recursos: | Universidad Complutense de Madrid (UCM) |
| Repositório: | Docta Complutense |
| Idioma: | inglês |
| OAI Identifier: | oai:docta.ucm.es:20.500.14352/71517 |
| Acesso em linha: | https://hdl.handle.net/20.500.14352/71517 |
| Access Level: | Acceso aberto |
| Palavra-chave: | Spanish personal income tax Income distribution Tax expenditures. Economía Hacienda Pública 53 Ciencias Económicas 5301 Política Fiscal y Hacienda Publica Nacionales |
| Resumo: | The paper estimates the consequences for tax revenue and income distribution of the removal of the tax expenditures from Spanish Personal Income Tax (IRPF) in place during the 2013 tax year. The paper concludes that the removal of all the tax expenditures analyzed would increase revenue by €24,457 million (37.9% of the IRPF actual collection), and that the redistributive effect, measured by the Reynolds-Smolensky index, would be reduced by 1.1%. The paper also analyzes sundry hypothetical scenarios involving the refunding to individuals of the tax collected through the removal of tax expenditures, and its distributive impact is quantified. |
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