Market behaviour versus tax planning responses to changes in marginal income tax rates among older couples / by Derek Messacar. : CS11-0019/410E-PDF
"The standard model of labour supply predicts that individuals’ taxable incomes will bunch at convex kink points in the budget set created by government tax and transfer systems. However, empirical evidence of such behaviour is scarce. Using administrative tax data from Canada, this paper estimates bunching responses in taxable income among older individuals at discontinuities in marginal tax rates created by federal and provincial and territorial systems, from 2001 to 2012. The results show that bunching is prevalent across the income distribution, but this is mostly driven by married individuals from 2007 onward. Further analysis reveals this occurs predominantly because pensioners split some of their pension income with their spouses who tend to have lower marginal tax rates. Pensioners do this pursuant to the introduction of this tax planning program in the 2007 federal budget. These findings offer credible evidence of significant intra-household tax planning behaviour that depends on the availability of deductions"--Abstract, p. 5.
Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.860584&sl=1
| Ministère/Organisme | Statistics Canada. Analytical Studies Branch. |
|---|---|
| Titre | Market behaviour versus tax planning responses to changes in marginal income tax rates among older couples / by Derek Messacar. |
| Titre de la série | Analytical Studies Branch research paper series, 1205-9153 ; no. 410 |
| Type de publication | Série - Voir l'enregistrement principal |
| Langue | [Anglais] |
| Autres langues publiées | [Français] |
| Format | Électronique |
| Document électronique | |
| Note(s) | "November 2018." Issued also in HTML format. Issued also in French under title: Comportement sur le marché et réactions de planification fiscale quant à l’incidence des variations des taux marginaux d’imposition sur le revenu des couples de personnes âgées. Includes bibliographical references. |
| Information sur la publication | [Ottawa?] : Statistics Canada, 2018. |
| Auteur / Contributeur | Messacar, Derek. |
| Description | 41 p. : graphs |
| ISBN | 9780660275864 |
| Numéro de catalogue |
|
| Numéro de catalogue du ministère | 11F0019M No. 410 |
| Descripteurs | Fiscal policy Market analysis Couples |
Demander des formats alternatifs
Pour demander une publication dans un format alternatif, remplissez le formulaire électronique des publications du gouvernement du Canada. Utilisez le champ du formulaire «question ou commentaire» pour spécifier la publication demandée.- Date de modification :