Taxation and the worlds of welfare

@inproceedings{Prasad2009TaxationAT,
  title={Taxation and the worlds of welfare},
  author={Monica Prasad and Yingying Deng},
  year={2009}
}
We use Luxembourg Income Study (LIS) data to compare the progressivity of the tax structure in the USA and Europe. LIS data allow a comparison of tax rates that attempts to take different starting rates, thresholds and exemptions into account. Our study supports the argument others have made that the USA has more progressive taxes than the European countries. However, we find that Britain's tax structure is more regressive than those of the continental welfare states, making the mapping of tax… CONTINUE READING

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