Publication
Author:Marc Morgan
Subject: Economic Growth
Download: Click here

Abstract: "Brazil is a notable case of high fiscal income inequality coexisting with a weak regulatory personal income tax. These findings are a clear reflection of the separation of incomes in the country for fiscal purposes. As one moves up in the pre-tax fiscal income distribution, it is the sources of income received that matter most for the individual tax burden (Morgan, 2017). And such a fiscal separation of income can have a positive feedback on pre-tax income inequality. Figure 1 shows the different average effective tax rates applying on different categories of income in Brazil in 2015". (...)

keywords: Elite, taxation, rent-seeking, income, inequality, Brazil
Date Publication: 02/16/2018 - 08:00
Type/Issue: One Pager / 375
ISSN: 2318-9118
Language: English