| Reference : Public support for tax policies in COVID-19 times: Evidence from Luxembourg |
| E-prints/Working papers : Already available on another site | |||
| Social & behavioral sciences, psychology : Sociology & social sciences Business & economic sciences : Economic systems & public economics Business & economic sciences : Social economics | |||
| http://hdl.handle.net/10993/49237 | |||
| Public support for tax policies in COVID-19 times: Evidence from Luxembourg | |
| - | |
| Olivera, Javier [> >] | |
van Kerm, Philippe  [University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Social Sciences (DSOC) >] | |
| 19-Nov-2021 | |
| Luxembourg Institute of Socio-Economic Research | |
| LISER Working Papers | |
| No | |
| Esch/Alzette | |
| Luxembourg | |
| [en] COVID-19 ; wealth tax ; income tax ; VAT ; preference for redistribution | |
| [en] We study attitudes towards the introduction of hypothetical new taxes to finance the cost of the COVID-19 pandemic. We rely on survey data collected in Luxembourg in 2020. The survey asks for the agreement of respondents over: a one-time net wealth tax, an inheritance tax, a temporary solidarity income tax, and a temporary increase in VAT. All questions include different and randomly assigned tax attributes (tax rates and exemption amounts). We find a clear divide with relativelyhigh support for new wealth and inheritance taxes on the one hand and a low support for increases in VAT and income taxes on the other hand. While 58% of respondents agree or strongly agree with a one-time tax levied on net worth, only24% are in favor of a small increase in VAT. Support for any tax is however negatively associated with the size of the tax as measured by the predicted revenues. Our results indicate that a one-time wealth tax could raise substantial revenues andstill garner public support. | |
| Fonds National de la Recherche - FnR | |
| Researchers | |
| http://hdl.handle.net/10993/49237 | |
| https://ideas.repec.org/p/irs/cepswp/2021-10.html | |
| https://ideas.repec.org/p/irs/cepswp/2021-10.html |
There is no file associated with this reference.
All documents in ORBilu are protected by a user license.
