2026-04-17T06:11:46Zhttps://recercat.cat/oai/request

oai:recercat.cat:2445/1226812025-11-19T20:44:19Zcom_2072_1057col_2072_478859col_2072_478917

00925njm 22002777a 4500 dc Agrawal, David R. author Foremny, Dirk author 2018-05-31T12:21:29Z 2018-05-31T12:21:29Z 2018 A recent Spanish tax reform granted regions the authority to set income tax rates, resulting in substantial tax differentials. 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. Riquesa Distribució (Teoria econòmica) Administració fiscal Política migratòria Wealth Distribution (Economic theory) Tax administration and procedure Relocation of the rich: migration in response to top tax rate changes from Spanish reforms [WP]