scholarly journals The Advantages and Backdraws of the Flat-rate Personal Income Tax

2012 ◽  
Vol 5 (2) ◽  
pp. 47-57
Author(s):  
Attilane Ambrus
Keyword(s):  
Income Tax ◽  
Personal Income ◽  
Personal Income Tax ◽  
Flat Rate

scholarly journals A II. Orbán-kormány gazdaságpolitikájának néhány jellemzője 2010 nyara és 2012 tavasza között

2013 ◽  
Vol 8 (1-2) ◽  
pp. 20-25
Author(s):  
János Gősi
Keyword(s):  
Economic Policy ◽  
Income Tax ◽  
Foreign Currency ◽  
Pension Funds ◽  
Personal Income ◽  
Personal Income Tax ◽  
Fixed Rate ◽  
Large Loss ◽  
Flat Rate ◽  
The Eu

The economic policy of the II. Orbán-governmcnt in the net of politics. Taxes crisis: banking, commerce, etc. The flat-rate personal income tax Compulsory membership of private pension funds nationalization of assets The fixed rate of repayment of foreign currency loans recorded a large loss for the banks. The aim of Fidesz-KDNP: economic policy without restriction for the 2014 election to win. Independence against the requirements of the EU and the IMF. II. Orbán government's economic policy for international confidence decreased.

scholarly journals The Universal Basic Income

2019 ◽  
Vol 15 (1) ◽  
Author(s):  
Robert Stephens
Keyword(s):  
Social Security ◽  
Income Tax ◽  
Labour Force ◽  
Personal Income ◽  
Basic Income ◽  
Personal Income Tax ◽  
Flat Rate ◽  
Poverty Relief ◽  
Trade Offs ◽  
Benefit System

A universal basic income (UBI) would provide all citizens with a guaranteed income, irrespective of their earnings, age or household status. It would be financed from a flat-rate personal income tax. It would replace the existing work-based social security system with its plethora of benefit types, abatement rates and eligibility rules. However, when the trade-offs between the competing objectives of a tax/benefit scheme are considered, and the variety of individual and family circumstances that need to be addressed, the apparent simplicity of a UBI quickly disappears. The article shows that while the current tax/benefit system represents a ‘welfare mess’, and needs substantial restructuring, a UBI does not necessarily provide an adequate income for poverty relief, nor ensure labour force incentives, at an acceptable fiscal cost.

scholarly journals Flat-Rate versus Progressive Taxation? An Impact Evaluation Study for the Case of Romania

2019 ◽  
Vol 11 (22) ◽  
pp. 6405
Author(s):  
Madalina Ecaterina Popescu ◽  
Eva Militaru ◽  
Larisa Stanila ◽  
Maria Denisa Vasilescu ◽  
Amalia Cristescu
Keyword(s):  
Tax Policy ◽  
Income Tax ◽  
Personal Income ◽  
Personal Income Tax ◽  
Tax System ◽  
Progressive Taxation ◽  
Flat Rate ◽  
Income Inequalities ◽  
Income Tax Policy ◽  
The Impact

Taking into consideration the recent debates on adopting a progressive tax system over the flat-rate taxation, our paper aims to investigate the impact of a change in the current Romanian personal income tax policy system from the 10% flat-rate tax system to some alternative progressive taxation scenarios. The methodological approach consisted in using the European Union Survey on Income and Living Conditions (EU-SILC) database to micro-simulate the impact upon poverty and income inequality. Through our ex-ante tax policy analysis we bring empirical evidence of a modest, but positive effect upon poverty rate and income inequalities in favor of a progressive taxation system. However, when looking at the government financial implications through the personal income tax budget revenues, we discuss upon the possible trade-off between the benefits on poverty and income inequalities and the possible budgetary drawbacks. Despite the data limitations, this study has the benefit of being among the first attempts to evaluate the impact of a personal income tax policy reform for the case of Romania.

Flat-rate personal income tax in Lithuania, Romania and Hungary: A revolutionary policy idea without revolutionary outcomes

2021 ◽  
pp. 095892872110357
Author(s):  
Borbála Kovács
Keyword(s):  
Income Tax ◽  
Personal Income ◽  
Tax Credits ◽  
Tax Rates ◽  
Personal Income Tax ◽  
Flat Tax ◽  
Flat Rate ◽  
Policy Ideas ◽  
Tax Regimes ◽  
Adoption And Diffusion

A decade of writing on the politics of flat-rate tax adoption and diffusion across post-socialist Europe and Asia has presented these reforms as revolutionary, but at least bold. However, in what ways they might have proven so and for whom has not been investigated. Based on a micro-level study of actual personal income tax rates for the 1991–2018 period, the article engages critically with the scope of the flat tax ‘revolution’ in three different flat tax nations, early adopter Lithuania, later-adopter Romania and recent-adopter Hungary. The analysis shows that the introduction of flat-rate tax in no way revolutionised actual tax burdens for the majority of earners, not even for high-income earners, whose tax burdens had been declining for at least a decade before the arrival of flat tax in both Romania and Hungary. The article also reveals the crucial role played by standard tax credits in shaping tax regime progressivity not only in flat tax regimes, but also progressive ones. The article suggests that the novelty of policy ideas cannot be assumed, but needs to rest on comparisons of outcomes.

On the Issue of Progressive or Proportional Taxation of Personal Incomes

2018 ◽  
Vol 11 (3) ◽  
pp. 114-120
Author(s):  
D. G. Chernik
Keyword(s):  
Income Tax ◽  
Personal Income ◽  
Personal Income Tax ◽  
The Social ◽  
Social And Economic Development ◽  
The Subject ◽  
Discrete Measures ◽  
Personal Income Taxation ◽  
Personal Taxation ◽  
Personal Incomes

The subject of the research is the procedure for personal income taxation. The purpose of the workwas to determine which personal taxation regime is more justified: progressive or proportional. The paperprovides the reasons for the transition from the progressive to the proportional tax. The risks and possibilities of transition to the progressive scale are analyzed. It is concluded that in order to achieve social justice and improve the welfare of the majority of peoplerather thana very small part of them, it is necessary to adopt a set of economic, fiscal and administrative measures aimed at solving a single task — ensuring the social and economic development of Russia. Discrete measures, such as the introduction of the progressive personal income tax will not lead to desired results. Moreover, the progressive tax cannot be introduced unlessit is ruled by law that large spendings of citizens must correspond to their incomes.

TAXATION OF PERSONAL INCOME

2020 ◽  
Vol 3 (8) ◽  
pp. 69-72
Author(s):  
F. S. AGUZAROVA ◽  
Keyword(s):  
Income Tax ◽  
Personal Income ◽  
Personal Income Tax

The article is devoted to the taxation of income of citizens in Russia. The author determined the role and place of the personal income tax, calculating its share in the structure of budget revenues of a particular subject. The ways of improving the taxation of personal income are identified.

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