The Introduction of the Income Tax, Fiscal Capacity, and Migration: Evidence from US States

被引:2
|
作者
Cassidy, Traviss [1 ]
Dincecco, Mark [2 ]
Troiano, Ugo Antonio [3 ]
机构
[1] Univ Alabama, Tuscaloosa, AL 35487 USA
[2] Univ Michigan, Ann Arbor, MI USA
[3] Univ Calif Riverside, Riverside, CA USA
关键词
TOP EARNERS EVIDENCE; ECONOMIC-DEVELOPMENT; INTERNAL MIGRATION; LONG-RUN; TAXATION; INNOVATION; MOBILITY; DECLINE; SCHEME;
D O I
10.1257/pol.20210388
中图分类号
F [经济];
学科分类号
02 ;
摘要
We evaluate how fiscal capacity and migration respond to the introduction of the individual income tax, drawing on new panel data on US states from 1900 to 2010. We find that the introduction of the income tax increased revenue per capita by 12 percent in the short term, 15 percent in the medium term, and 17 percent in the long term. The absolute level of revenue, however, did not significantly change over the long term for post -World War II adopters. To explain this, we show that the introduction of the income tax induced significant outmigration to non -income-tax states by middle- and high -earning households.
引用
收藏
页码:359 / 393
页数:35
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