Warianty tytułu
Języki publikacji
Abstrakty
The aim of the article is to assess the impact of taxes on poverty and inequality in Ukraine and provide recommendations on how taxation should be used to address problems of inequality and poverty. The research methodology is based on a combination of linear regression and commitment to equity (CEQ) methodology, which was designed by Lustig to analyse the impact of taxation and social spending on inequality and poverty in individual countries. The dataset consists of data from the World Inequality Data Base and data from State Statistic Service of Ukraine.The analysis shows that income tax reform in Ukraine should not take place in the context of changing tax rates and tax periods but in the context of shifting the tax burden from the poor to the rich and preventing aggressive tax planning. Also, the results of the analysis show that the Ukrainian government's policy of reducing free education and health services may contribute to poverty if the government does not change its redistributive policies.The article contributes to the academic literature on the impact of taxation on poverty and inequality in developing countries. The practical results obtained in the paper are useful for developing countries' governments to design poverty- and inequality-sensitive tax policies. (original abstract)
Czasopismo
Rocznik
Tom
Numer
Strony
1--18
Opis fizyczny
Twórcy
autor
- Poltava State Agrarian Academy, Ukraine; Ukraine Kyiv National Economics University named after Vadym Hetman, Ukraine
Bibliografia
- Alesina, A., & Glaeser, E. (2004). Fighting poverty in the US and Europe: A world of difference. Oxford University Press
- Alesina, A., & Perotti, R. (1993). Income distribution, political instability, and investment. NBER working paper No. 4486
- Allingham, M. (1979). Inequality and progressive taxation: An example. Journal of Public Economics, 11, 273-274
- Alstadsæyer, A., Johannesen, N., & Zucman, G. (2018). Who owns the wealth in tax havens? Macro evidence and implications for global inequality. Journal of Public Economics, 162, 2073-2103
- Alstadsæyer, A., Johannesen, N., & Zucman, G. (2019). Tax evasion and inequality. American Economic Review, 109, 2073-2103
- Average income around the world. (2020). Retrieved May 7, 2021 from https://www.worlddata.info/average-income.php
- Azevedo, F., Jost, J. T., Rothmund, T., & Sterling, J. (2019). Neoliberal ideology and the justification of inequality in capitalist societies: Why social and economic dimensions of ideology are intertwined. Journal of Social Issues, 75, 49-88
- Bach, S., Beznoska, M., & Steiner, V. (2014). A wealth tax on the rich to bring down public debt? Revenue and distributional effects of a capital levy in Germany. Fiscal Studies, 35(1), 67-89
- Baldini, M. (2020). Redistribution and progressivity of the Italian personal income tax, 40 years later. Fiscal Studies, 74(2), 345-366
- Barro, R. (1999). Inequality and growth in a panel of countries. Journal of Economic Growth 5(1), 5-32
- Barro, R. J. et al. (2017). How tax reform will lift the economy. The Wall Street Journal. Retrieved from https://www.wsj.com/articles/how-tax-reform-will-lift-the-economy-1511729894. https://doi.org/10.1353/eca.2018.0003
- Bastani, S., & Waldenström, D. (2020). How should capital be taxed? Journal of Economic Surveys, 34 (4), 812-846
- Bedianashvili, G., Ivanov, Yu., & Paientko, T. (2019). Tax reforms in Ukraine and Georgia: Changing priorities. Journal of Tax Reform, 5(2), 107-128. https://doi.org/10.15826/jtr.2019.5.2.063
- Bénabou, R. (1996). Inequality and growth. In B. Bernake & J. Rotemberg (Eds.), NBER Macroeconomic Annual (pp. 11-74). MIT Press
- Biswas, S., Chakraborty, I., & Hai, R. (2017). Income inequality, tax policy, and economic growth. The Economic Journal, 127, 688-727
- Brys, B., Matthews, S., & Owens, J. (2011). Tax reform trends in OECD countries. OECD taxation working papers No. 1. https://doi.org/10.1787/5kg3h0xxmz8t-en
- Bucheli, M., Lustig, N., Rossi, M., & Ambbile, F. (2014). Social spending, taxes and income redistribution in Uruguay. Public Finance Review, 42, 413-433.
- Budget reports of Ukraine: State treasury service of Ukraine. (2019). Retrieved July 5, 2021 from https://www.treasury.gov.ua/ua/file-storage/vikonannya-derzhavnogo-byudzhetu
- Burman, L. E., & Moynihan, D. P. (2011). Tax reform options: Marginal rates on high-income taxpayers, capital gains, and dividends. Statement before the Senate Committee on Finance, September. Retrieved from www.urban.org/uploadedpdf/901447-Burman-Tax-Reform-Options.pdf
- Button, K. et al. (2013). Power failure: why small sample size undermines the reliability of neuroscience. Nature Reviews Neuroscience, 14, 365. https://doi.org/10.1038/nrn3475
- Cabrera, M., Lustig, N., & Morán, H. E. (2015). Fiscal policy, inequality, and the ethnic divide in Guatemala. World Development, 76(C), 263-279.
- Cantante, F. (2020). Four profiles of inequality and tax redistribution in Europe. Humanities and Social Science Communication, 7, article 33. https://doi.org/10.1057/s41599-020-0514-4
- Cingano, F. (2014). Trends in income inequality and its impact on economic growth. OECD Publishing.
- Conard, E. (2016). The upside of inequality: How good intentions undermine the middle class. Penguin Random House.
- Cubero, R., & Vladkova Hollar, I. (2010). Equity and fiscal policy: The income distribution effects of taxation and social spending in Central America. IMF working paper Western Hemisphere Department, WP/10/112.
- Diamond, P., & Saez, E. (2011). The case for a progressive tax: From basic research to policy recommendations. Journal of Economic Perspectives, 25(4), 165-190.
- Ebert, U., & Moyes, P. (2003). The difficulty of income redistribution with labour supply. Economics Bulletin, 8, 1-9.
- Ebert, U., & Moyes, P. (2007). Income taxation with labor responses. Journal of Public Economic Theory, 9, 653-682.
- Enami, A. (2018). Measuring the effectiveness of taxes and transfers in fighting inequality and poverty. In Lustig, N. (Ed.), Commitment to equity handbook: Estimating the impact of fiscal policy on inequality and poverty (pp. 207-216). Brookings Institution Press and CEQ Institute, Tulane University.
- Eurostat. (2020). Retrieved May 6, 2021 from https://ec.europa.eu/eurostat/data/database
- Fedosov, V., & Paientko, T. (2018). Government financial accountability: Key problems and main trends in post-communist countries. Zeszyty Teoretyczne Rachunkowości, 99(155), 25-39
- Fedosov, V., & Paientko, T. (2019). Opportunistic government behaviour: How controlling approaches in public management can prevent it. Zeszyty Teoretyczne Rachunkowości, 104(160), 37-54.
- Fellman, J. (1976). The effect of transformations of Lorenz curves. Econometrica, 44, 823-824.
- Fisman, R., Gladstone, K., Kuziemko, I., & Naidu, S. (2020). Do Americans want to tax wealth? Evidence from online surveys. Journal of Public Economics, 188, 104207.
- Förster, M., Llena-Nozal, A., & Nafilyan, V. (2014). Trends in top incomes and their taxation in OECD countries. OECD Social, employment and migration working papers No. 159. https://doi.org/10.1787/5jz43jhlz87f-en
- Glennerster, H. (2012). Why was a wealth tax for the UK abandoned? Lessons for the policy process and tackling inequality. Journal of Social Policy, 41(2): 233-49.
- Gordon, S. (2020). The incidence of income taxes on high earners in Canada. Canadian Journal of Economics, 53(2), 437-459.
- Green, S. B. (1991). How many subjects does it take to do a regression analysis? Multivariate Behavioral Research, 26, 499-510. https://doi.org/10.1207/s15327906mbr2603_7
- Harris, R. (1985). A primer of multivariate statistics (2nd ed.). Academic Press.
- Hasanov, F., & Izraeli, O. (2011). Income inequality, economic growth, and the distribution of income gains: Evidence from the U.S. states. Journal of Regional Science, 51(3), 518-539.
- Hassoun, N., & Subramanian, S. (2012). An aspect of variable population poverty comparisons. Journal of Development Economics, 98, 238-241.
- Higgins, S., & Lustig, N. (2016). Can a poverty-reducing and progressive tax and transfer system hurt the poor? Journal of Development Economics, 122, 63-75. https://doi.org/10.1016/j.jdeveco.2016.04.001
- Inchauste, G., Lustig, N., Maboshe, M., Purfield, C. & Woolard, I. (2016). The distributional impact of fiscal policy in South Africa. In G. Inchauste & N. Lustig (Eds.), The distributional impact of fiscal policy: Experience from developing countries. (pp. 233-265) World Bank.
- Income and expenditures of households in Ukraine. (2020). Retrieved May 7, 2021 from http://www.ukrstat.gov.ua/
- Jakobsson, U. (1976). On the measurement of the degree of progression. Journal of Public Economics, 5, 161-168.
- Jellema, J. R., Lustig, N., Haas, A., & Wolf, S. (2016). The impact of taxes, transfers, and subsidies on inequality and poverty in Uganda. Commitment to Equity Institute working paper No. 53.
- Joseph, A., Biggs, A., Brill, A., & Viard, A. (2015). Tax and spending reform for fiscal stability and economic growth. AEI economic perspectives. May 2015. Retrieved from https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2710963
- Kakwani, N. (1995). Income inequality, welfare, and poverty: An illustration using Ukrainian data. Retrieved from https://ssrn.com/abstract=623915
- Kalpana Kochhar, E. D.-N. (2015). Causes and consequences of income inequality: A global perspective. IMF staff discussion notes.
- Kelly, M. (2000). Inequality and crime. Review of Economics and Statistics, 82(4), 530-539.
- Kharas, H. (2010). The emerging middle class in developing countries. OECD Development Centre working paper No. 285. OECD Publishing, Paris. http://dx.doi.org/10.1787/5kmmp8lncrns-en
- Kleinbard, E. (2017). Capital taxation and age inequality. Center for Law and Social Science research papers series No. CLASS16-27; Legal studies research papers series No. 16-29. Retrieved, May 7 2021 from https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2838532
- Kneller, R., Bleaney, M. F., & Gemmell, N. (1999). Fiscal policy and growth: Evidence from OECD countries. Journal of Public Economics, 74, 171-190.
- Lavoie, R. (2014). Dreaming the impossible dream: Is a wealth tax now possible in America? University of Akron legal studies research paper No. 14-01.
- List of Ukrainians by net worth. (2021). Retrieved from https://en.wikipedia.org/wiki/List_of_Ukrainians_by_net_worth. Last access 06.05.2021
- Lustig, N. (2016). Fiscal policy, inequality, and the poor in the developing world. Tulane University, CEQ Institute, Commitment to Equity (CEQ) working paper No. 23.
- Lustig, N., & Higgins, S. (2013). Estimating the incidence of social spending, subsidies and taxes. Handbook. Tulane University, CEQ Institute, Commitment to Equity (CEQ) working paper No. 1.
- Lustig, N., Pessino, C., & Scott, J. (2014). The impact of taxes and social spending on inequality and poverty in Argentina, Bolivia, Brazil, Mexico, Peru, and Uruguay. Public Finance Review, 42, 287-303.
- Milanovic, B. (2016). Global inequality: A new approach for the age of globalisation. Harvard University Press.
- Ostry, J. D., Berg, A., & Tsangarides, C. G. (2014). Redistribution, inequality and growth. IMF staff discussion note SDN/14/02. International Monetary Fund.
- Paientko, T., & Oparin, V. (2020). Reducing tax burden in Ukraine: Changing priorities. Central European Management Journal, 28(3), 98-126.
- Paientko, T. V., & Proskura, K. P. (2016). Corporate income taxation: Selected problems and decisions: The case of Ukraine. Zeszyty Teoretyczne Rachunkowości, 86, 135-142.
- Perotti, R. (1996). Growth, income distribution, and democracy: What the data say. Journal of Economic Growth, 1(2), 149-187.
- Piketty, Th. (2015). The economics of inequality. The Belknap Press of Harvard University Press.
- Piketty, Th., & Saez, E. (2003). Income inequality in the United States 1913-1998. The Quarterly Journal of Economics, 1, 1-39.
- Rudolph, T. J. (2009). Political trust, ideology, and public support for tax cuts. Public Opinion Quarterly, 73(1), 144-158. https://doi.org/10.1093/poq/nfp012
- Sala, H. (2019). A fresh look at fiscal redistribution and inequality in the US across electoral cycles. Journal of Behavioral and Experimental Economics, 81, 195-206.
- Stiglitz, Joseph E. (2013). The price of inequality: How today's divided society endangers our future. W.W. Norton and Company.
- Sytnik, I., Stopochkin, A., & Sytnik, B. (2017). The economic factors and consequences of social inequality and poverty. Baltic Journal of Economic Studies, 3(2), 128-135. https://doi.org/10.30525/2256-0742/2017-3-2-128-135
- United Nations. (2019). Ending poverty. Retrieved July 5, 2021 from https://www.un.org/en/global-issues/ending-poverty
- Watkins, D., & Brook, Y. (2016). Equal is unfair: America's misguided fight against income inequality. St. Martin's Press.
- World happiness report. (2020). Retrieved March 29, 2021 from https://worldhappiness.report/ed/2021/happiness-trust-and-deaths-under-covid-19/
- World inequality data base. (2004-2019). Retrieved January 29, 2021 from https://wid.world/world/
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171662842