The Taxation of High Income Earners /

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Bibliographic Details
Author / Creator:	Shome, Parthasarathi.
Imprint:	Washington, D.C. : International Monetary Fund, 1993.
Description:	1 online resource (26 pages).
Language:	English
Series:	IMF Policy Discussion Papers; Papers on Policy Analysis and Assessment, 1934-7456 ; No. 93/19 IMF Policy Discussion Papers; Papers on Policy Analysis and Assessment ; no. 93/19.
Subject:	Income tax. Income tax.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12505280

Hidden Bibliographic Details
Other authors / contributors:	Shome, Parthasarathi.
ISBN:	1451964579 9781451964578 9781455222544 1455222542 145523558X 9781455235582
Notes:	English. Print version record.
Summary:	The 1980s trends were to lower marginal personal income tax rates, scale down rate structures, and apply the highest rate at lower levels of per capita GDP. In the 1990s, driven by fiscal deficits and unemployment, and difficulty in linking high marginal rates to low incentives or revenue productivity, tax authorities are again demonstrating an interest in increasing marginal rates. This will burden those that are correctly paying the tax. Instead, equity and revenue productivity should be improved through minimum taxes, presumptive taxes, adequate inclusion of capital income in the tax base, revitalization of property taxes, and selected luxury taxes.
Other form:	Print version: Shome, Parthasarathi. Taxation of High Income Earners. Washington, D.C. : International Monetary Fund, 1993 9781451964578
Standard no.:	10.5089/9781451964578.003

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