Impact of income tax on happiness: evidence from the United States |
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| Authors: | Taurean Hutchinson Pavlo Buryi |
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| Institution: | 1. Department of Economics, MC 4515, Southern Illinois University Carbondale, Carbondale, IL, USA;2. Department of Economics, College of Liberal Arts and Sciences, Northern Illinois University, Dekalb, IL, USA |
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| Abstract: | The present work considers the level of demonstrated happiness and unhappiness within groups, the latter measured by the conditional probability of suicide within groups facing an income tax rate and those without. Using US data for the year 2004, our results show that individuals have lower rates of suicide or are ‘happy’ when they do not pay income taxes than those who pay. |
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| Keywords: | Happiness state income tax suicide |
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