The dual income tax combines a progressive tax schedule for labour income with a low flat tax rate on capital income and corporate income. This paper restates the case for the dual income tax and discusses alternative methods of taxing business income under such a tax system, paying special attention to the taxation of income from closely held corporations. It is argued that the imputed normal ...

A key goal of a higher minimum wage is income redistribution towards low-income families. Existing research on the focuses impact affected workers, but silent incomes owners businesses who pay for wage. Higher wages will do more to redistribute if are nearer top distribution, and vice versa. We study evidence incidence business using unique administrative dataset universe tax records Israel, in...

We use US regional and state data to determine which regions have contributed most to the apparent decline in income growth volatility in the United States. We study changes in the variance of income growth in each region, changes in the covariance of growth between regions and changes in regional income growth shares. We establish that there has been a significant decline in the income growth ...

This is the first study to attempt to explain income inequality using unemployment and inflation and international cross-sectional data. Using a SURE system, inflation is found to have an increasing impact on the shares of the lower 80% of the income distribution, while reducing the share of the highest 20%. Unemployment has a negative effect on the share of the first 40%, while increases the s...

Purchase shares of major national-brands in consumer packaged-goods industries vary substantially across stores, both between geographic markets and across stores within markets. This paper measures the extent to which the variation in national-brand purchase shares depends on four store-specific marketing mix factors: prices, assortment shares, features and displays. These variables are tradit...