Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125290
Authors: 
Peichl, Andreas
Year of Publication: 
2014
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2014 [Issue:] 61
Abstract: 
The potential economic outcomes resulting from a flat rate of income tax have been the subject of an ongoing academic and political debate. Many observers have suggested that the introduction of a flat tax would be beneficial for a country’s economy, having a positive influence on the labor market and the gross domestic product by enhancing incentives to work, save, invest, and take risks. A flat tax also significantly simplifies income taxation which increases tax compliance and reduces tax planning, avoidance, and evasion. However, despite flat taxes being on the political agenda in many countries, in practice their implementation has mostly been restricted to the transition economy countries of Eastern Europe. There is no one single flat tax system in place in these countries though; one rate does not fit all.
Subjects: 
flat tax
employment
simplification
labor supply
microsimulation
JEL: 
F22
F63
I3
J3
J61
Persistent Identifier of the first edition: 
Document Type: 
Article

Files in This Item:
File
Size





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