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Consumption tax revenue and personal income tax: analytical elasticities under non-standard tax structures |
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| Authors: | José Félix Sanz-Sanz Juan Manuel Castañer-Carrasco Desiderio Romero-Jordán |
| Institution: | 1. Department of Applied Economics, Universidad Complutense, Madrid, Spain;2. Comunidad de Madrid, Madrid, Spain;3. Department of Economics, Universidad Rey Juan Carlos, Madrid, Spain |
| Abstract: | This article models the elasticity of consumption taxation faced with changes in disposable income. Its calculation makes clear the importance of the design of the personal income tax and of the changes caused to the consumption of taxpayers. The modelling is performed for both individual taxpayers and the population as a whole. |
| Keywords: | Tax revenue elasticity personal income tax consumption tax tax revenue |