EconStor >
arqus - Arbeitskreis Quantitative Steuerlehre >
arqus Diskussionsbeiträge zur Quantitativen Steuerlehre >

Please use this identifier to cite or link to this item:

Full metadata record

DC FieldValueLanguage
dc.contributor.authorJacob, Martinen_US
dc.contributor.authorNiemann, Raineren_US
dc.contributor.authorWeiss, Martinen_US
dc.description.abstractThe contribution Bach, Corneo and Steiner (2008) has argued that "the rich" do not pay taxes adequately in relation to their income, finding, for instance, an effective tax rate of only 38.1% for the 0.001% fractile of German income taxpayers in 2001. This result contrasts sharply with the legislated top marginal income tax rate of 48.5%. We subject the results contained in Bach, Corneo and Steiner (2008) to a rigorous analysis: We find major flaws and inconsistencies with regard to methodology, i.e. the omission of corporate taxes and inter-temporal aspects of taxation. Restating basic rules for the measurement of effective tax rates, we provide values for what we term the "comprehensive nominal tax rate" (CNTR) and show that the headline result in Bach, Corneo and Steiner (2008) of 38.1% is underestimated by over 12 percentage points. As an important distributional result, the CNTR increases with increasing taxable income.en_US
dc.publisherArbeitskreis Quantitative Steuerlehre (arqus) Berlinen_US
dc.relation.ispartofseriesArqus-Diskussionsbeiträge zur quantitativen Steuerlehre 58en_US
dc.subject.keywordTop Incomesen_US
dc.subject.keywordIncome Taxationen_US
dc.subject.keywordTaxing the Richen_US
dc.subject.keywordComprehensive Tax Burdenen_US
dc.titleThe rich demystified: A reply to Bach, Corneo, and Steiner (2008)en_US
dc.typeWorking Paperen_US
Appears in Collections:arqus Diskussionsbeiträge zur Quantitativen Steuerlehre

Files in This Item:
File Description SizeFormat
607983833.pdf636.08 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.