dc.contributor.author |
Agrawal, David R. |
dc.contributor.author |
Foremny, Dirk |
dc.contributor.author |
Xarxa de Referència en Economia Aplicada (XREAP) |
dc.date |
2018 |
dc.identifier |
https://ddd.uab.cat/record/201406 |
dc.identifier |
urn:oai:ddd.uab.cat:201406 |
dc.format |
application/pdf |
dc.language |
eng |
dc.publisher |
Xarxa de Referència en Economia Aplicada (XREAP) |
dc.relation |
Xarxa de Referència en Economia Aplicada (XREAP). Documents de treball de la Xarxa de Referència en Economia Aplicada (XREAP) ; |
dc.rights |
open access |
dc.rights |
Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, i la comunicació pública de l'obra, sempre que no sigui amb finalitats comercials, i sempre que es reconegui l'autoria de l'obra original. No es permet la creació d'obres derivades. |
dc.rights |
https://creativecommons.org/licenses/by-nc-nd/4.0/ |
dc.subject |
Domicili fiscal |
dc.subject |
Impostos sobre la renda |
dc.subject |
Comunitats autònomes |
dc.subject |
Espanya |
dc.subject |
Tax Domicile |
dc.subject |
Income tax |
dc.subject |
Autonomous communities |
dc.subject |
Spain |
dc.title |
Relocation of the Rich : Migration in Response to Top Tax Rate Changes from Spanish Reforms |
dc.type |
Working paper |
dc.description.abstract |
Recent Spanish tax reform granted regions the authority to set income tax rates, resulting in substantial tax di erentials. We use individual-level information from Social Security records over a period of one decade. Conditional on moving, taxes have a significant effect on location choice. A one percent increase in the net of tax rate for a region relative to others increases the probability of moving to that region by 1.7 percentage points. Focusing on the stock of top-taxpayers, we estimate an elasticity of the number of top taxpayers with respect to net-of-tax rates of 0.85. Using this elasticity, a theoretical model implies that the mechanical increase in tax revenue due to higher tax rates is larger than the loss in tax revenue from the out-flow of migration. |