Knowledge (XXG)

Dual income tax

Source đź“ť

84:
The Danish minority government did propose a dual income tax in the spring of 1985, but the opposition was reluctant to give up the idea of progressive taxation of capital income. The final tax reform of 1987 included some amount of progressive taxation of capital income, but the top marginal tax
85:
rate on capital income (56 percent) was less than the top marginal tax rate of labour income (68 percent). It was thus not a pure dual income tax that was introduced in Denmark in 1987, but the Danish tax system moved considerably away from the comprehensive income tax.
69:
in 1980. He suggested that the comprehensive income tax should be replaced by a system involving a flat rate of tax on capital income - at the level of the corporate income tax rate - combined with progressive taxation of the taxpayer's total income from other sources.
28:
rates on gross labour and pension income. This implies that labour income is taxed at higher rates than capital income, and that the value of the tax allowances is independent of the income level. The dual income tax system deliberately moves away from the
169: 33:(global income tax) system which taxes all or most (cash) income minus deductions (net income) according to the same rate schedule. The dual income tax was first implemented in the four Nordic countries ( 77:) that in the early 1980s prepared a discussion paper for a tax reform. Niels Christian Knudsen, now the president of the Savings Banks Association, contacted in June 1984 the Minister of Finance 81:
and made him aware of the committee's proposal. The discussion paper was subsequently to serve as the basis for the tax minister's negotiations with the opposition on a tax reform.
358: 324: 290: 256: 222: 185:
Sørensen, Peter Birch (1994). "From the global income tax to the dual income tax: Recent tax reforms in the Nordic countries".
30: 66: 400: 49:) through a number of tax reforms from 1987 to 1993. The dual income tax is therefore also known as the 99: 94: 373: 339: 305: 271: 237: 202: 109: 104: 78: 194: 21: 25: 24:
rate on all net income (capital, wage, and pension income minus deductions) combined with
170:"Dansk skattepolitik - politiske beslutningsprocesser og tvivlsomme kausalforstĂĄelser" 394: 206: 73:
The proposal was taken up by a committee appointed by the Savings Bank Association (
198: 38: 34: 46: 42: 359:"Dual Income Tax: A Pragmatic Tax Reform Alternative for Germany" 65:
The dual income tax was first proposed by the Danish economist
325:"Towards Dual Income Taxes - A Countrycomparative Perspective" 357:Spengel, Christoph; Wiegard, Wolfgang (2004). 291:"Dual Income Taxation in EU Member Countries" 8: 223:"The Dual Income Tax System - An Overview" 289:Eggert, Wolfgang; Genser, Bernd (2005). 121: 7: 187:International Tax and Public Finance 151: 128: 140: 14: 323:Schratzenstaller, Margit (2004). 1: 257:"Norwegian Income Tax Reform" 255:Christiansen, Vidar (2004). 168:Kallestrup, Morten (2003). 417: 372:(3): 15–22. Archived from 338:(3): 23–30. Archived from 304:(1): 41–47. Archived from 270:(3): 9–14. Archived from 236:(3): 3–8. Archived from 31:comprehensive income tax 221:Boadway, Robin (2004). 67:Niels Christian Nielsen 55:Nordic Dual Income Tax 75:Sparekasseforeningen 100:Taxation in Finland 95:Taxation in Denmark 366:CESifo DICE Report 332:CESifo DICE Report 298:CESifo DICE Report 264:CESifo DICE Report 230:CESifo DICE Report 199:10.1007/BF00874089 110:Taxation in Sweden 105:Taxation in Norway 141:Kallestrup (2003) 51:Nordic tax system 408: 387: 385: 384: 378: 363: 353: 351: 350: 344: 329: 319: 317: 316: 310: 295: 285: 283: 282: 276: 261: 251: 249: 248: 242: 227: 210: 181: 174:Samfundsøkonomen 155: 149: 143: 138: 132: 126: 22:proportional tax 20:system levies a 416: 415: 411: 410: 409: 407: 406: 405: 391: 390: 382: 380: 376: 361: 356: 348: 346: 342: 327: 322: 314: 312: 308: 293: 288: 280: 278: 274: 259: 254: 246: 244: 240: 225: 220: 217: 215:Further reading 184: 167: 164: 159: 158: 152:Sørensen (1994) 150: 146: 139: 135: 129:Sørensen (1994) 127: 123: 118: 91: 63: 26:progressive tax 18:dual income tax 12: 11: 5: 414: 412: 404: 403: 393: 392: 389: 388: 354: 320: 286: 252: 216: 213: 212: 211: 182: 163: 160: 157: 156: 144: 133: 120: 119: 117: 114: 113: 112: 107: 102: 97: 90: 87: 62: 59: 13: 10: 9: 6: 4: 3: 2: 413: 402: 399: 398: 396: 379:on 2011-09-28 375: 371: 367: 360: 355: 345:on 2011-09-28 341: 337: 333: 326: 321: 311:on 2011-09-28 307: 303: 299: 292: 287: 277:on 2011-09-28 273: 269: 265: 258: 253: 243:on 2011-09-28 239: 235: 231: 224: 219: 218: 214: 208: 204: 200: 196: 192: 188: 183: 179: 176:(in Danish). 175: 171: 166: 165: 161: 153: 148: 145: 142: 137: 134: 130: 125: 122: 115: 111: 108: 106: 103: 101: 98: 96: 93: 92: 88: 86: 82: 80: 76: 71: 68: 60: 58: 56: 52: 48: 44: 40: 36: 32: 27: 23: 19: 401:Income taxes 381:. Retrieved 374:the original 369: 365: 347:. Retrieved 340:the original 335: 331: 313:. Retrieved 306:the original 301: 297: 279:. Retrieved 272:the original 267: 263: 245:. Retrieved 238:the original 233: 229: 193:(1): 57–79. 190: 186: 177: 173: 147: 136: 124: 83: 74: 72: 64: 54: 50: 17: 15: 79:Isi Foighel 383:2011-06-15 349:2011-06-15 315:2011-06-15 281:2011-06-15 247:2011-06-15 162:References 154:, page 60. 131:, page 60. 207:154144112 395:Category 89:See also 61:History 53:or the 39:Finland 35:Denmark 205:  47:Sweden 43:Norway 377:(PDF) 362:(PDF) 343:(PDF) 328:(PDF) 309:(PDF) 294:(PDF) 275:(PDF) 260:(PDF) 241:(PDF) 226:(PDF) 203:S2CID 116:Notes 180:(6). 178:2003 45:and 16:The 195:doi 397:: 368:. 364:. 334:. 330:. 300:. 296:. 266:. 262:. 232:. 228:. 201:. 189:. 172:. 57:. 41:, 37:, 386:. 370:2 352:. 336:2 318:. 302:3 284:. 268:2 250:. 234:2 209:. 197:: 191:1

Index

proportional tax
progressive tax
comprehensive income tax
Denmark
Finland
Norway
Sweden
Niels Christian Nielsen
Isi Foighel
Taxation in Denmark
Taxation in Finland
Taxation in Norway
Taxation in Sweden
Sørensen (1994)
Kallestrup (2003)
Sørensen (1994)
"Dansk skattepolitik - politiske beslutningsprocesser og tvivlsomme kausalforstĂĄelser"
doi
10.1007/BF00874089
S2CID
154144112
"The Dual Income Tax System - An Overview"
the original
"Norwegian Income Tax Reform"
the original
"Dual Income Taxation in EU Member Countries"
the original
"Towards Dual Income Taxes - A Countrycomparative Perspective"
the original
"Dual Income Tax: A Pragmatic Tax Reform Alternative for Germany"

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.

↑