DSpace Repository

The Elasticity of Taxable Income in New Zealand

Show simple item record

dc.contributor.author Claus, Iris
dc.contributor.author Creedy, John
dc.contributor.author Teng, Josh
dc.date.accessioned 2012-09-20T23:16:35Z
dc.date.accessioned 2022-07-05T02:38:51Z
dc.date.available 2012-09-20T23:16:35Z
dc.date.available 2022-07-05T02:38:51Z
dc.date.copyright 2012
dc.date.issued 2012
dc.identifier.uri https://ir.wgtn.ac.nz/handle/123456789/18709
dc.description.abstract This paper reports estimates of the elasticity of taxable income with respect to the net-of-tax rate for New Zealand taxpayers. The relative stability of the New Zealand personal income tax system, in terms of marginal rates, thresholds and the tax base, provides helpful conditions for deriving these estimates. The elasticity of taxable income was estimated to be substantially higher for the highest income groups. Changes in the timing of income flows for the higher income recipients were found to be an important response to the announcement of a new higher-rate bracket. The marginal welfare costs of personal income taxation were consistent across years, being relatively small for all but the higher tax brackets. For the top marginal rate bracket of 39 per cent, the welfare cost of raising an extra dollar of tax revenue was estimated to be well in excess of a dollar. en_NZ
dc.format pdf en_NZ
dc.language.iso en_NZ
dc.publisher Te Herenga Waka—Victoria University of Wellington en_NZ
dc.relation.ispartofseries Working Papers in Public Finance 2012 en_NZ
dc.subject Income taxation en_NZ
dc.subject Taxable income en_NZ
dc.subject Elasticity of taxable income en_NZ
dc.subject Excess burden of taxation en_NZ
dc.title The Elasticity of Taxable Income in New Zealand en_NZ
dc.type Text en_NZ
vuwschema.contributor.unit Victoria Business School (Faculty of Commerce) en_NZ
vuwschema.subject.anzsrcfor 140215 Public Economics - Taxation and Revenue en_NZ
vuwschema.subject.marsden 140215 Public Economics Taxation and Revenue en_NZ
vuwschema.type.vuw Working or Occasional Paper en_NZ
vuwschema.subject.anzsrcforV2 380115 Public economics - taxation and revenue en_NZ
dc.rights.rightsholder http://www.victoria.ac.nz/sacl/about/chair-in-public-finance en_NZ

Files in this item

This item appears in the following Collection(s)

Show simple item record

Search DSpace


My Account