Additionally, the fresh new collection off tax tools was explained, plus the definitions out of taxable money and gross income regarding the perspective out of effective taxation debts is actually told me, because used about simulations.

3.step 1 Simulations having EUROMOD

I utilize the Eu taxation and benefit microsimulation model, EUROMOD. EUROMOD was created to calculate profits, contributory and you will form-checked out positives, personal coverage contributions also taxation liabilities during the family peak for everybody places regarding European union. Given a number of socio-demographics on the hidden investigation, this allows the user so you can run distributional analyses out of reforms so you’re able to brand new income tax and you may work with possibilities and you will deal with comparisons during the a mix-nation environment.

To have an over-all addition in order to EUROMOD, see Sutherland and you may Figari (2013). EUROMOD is typically employed for cross-nation analyses of reforms into the taxation and you will work with systems, specifically with regards to relevant distributional consequences, bonuses getting work likewise have (age.grams. Immervoll, Kleven, Kreiner, Saez, 2007), and fiscal effects (elizabeth.grams. Dolls, Fuest, & Peichl, 2012, otherwise Callan, Leventi, Levy, Matsaganis, Paulus, & Sutherland, 2011). (more…)