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Inégalité de patrimoine et progressivité de l'impôt

Author

Listed:
  • Audrey Desbonnet

    () (University of Vienna [Vienna])

  • Jean-Olivier Hairault

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics, IZA - Institute for the Study of Labor)

Abstract

This paper studies the impact of the progressivity of income and inheritance tax on wealth inequality in France. By switching to a proportional tax system for each type of tax, we find that income-tax progressivity is more effective than inheritance-tax progressivity in reducing wealth inequality. Income-tax progressivity reduces income risk. The precautionary saving of the wealthiest agents decreases and wealth inequality narrows. Inheritance-tax progressivity does not modify income risk significantly. We also show that inheritance-tax progressivity - unlike income-tax progressivity - is inefficient for reducing income inequality.

Suggested Citation

  • Audrey Desbonnet & Jean-Olivier Hairault, 2010. "Inégalité de patrimoine et progressivité de l'impôt," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00519050, HAL.
  • Handle: RePEc:hal:cesptp:hal-00519050
    Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00519050
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    References listed on IDEAS

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    1. repec:adr:anecst:y:2005:i:78:p:03 is not listed on IDEAS
    2. Arrondel, Luc & Laferrere, Anne, 2001. "Taxation and wealth transmission in France," Journal of Public Economics, Elsevier, vol. 79(1), pages 3-33, January.
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    More about this item

    Keywords

    wealth inequality; tax progressivity; income; inheritance; inégalité de patrimoine; progressivité de l'impôt; revenu; succession;

    JEL classification:

    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

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