Labor income taxation and human capital accumulation

• 成果类型: Article
• 署名作者: Lin, SG
• 署名单位: University of Nebraska System
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/S0047-2727(97)00094-7
• 发表日期: 1998
• 页码: 291-302
• 关键词: labor taxation; allocation of tax revenues; human capital

摘要

This paper provides alternative analytical results concerning the effect of labor income taxation on human capital accumulation. With the tax revenues being consumed by the government and savings being negatively related to the labor tax rate, an increase in the labor income tax rate reduces the incentive for human capital accumulation, and thus, decreases human capital. With tax revenues being consumed by government and savings being positively related to the labor tax rate, an increase in the tax rate increases the incentive for human capital accumulation and increases human capital. With the tax revenues being used to compensate the individuals who pay the taxes, an increase in the tax rate has no effect on human capital. (C) 1998 Elsevier Science S.A.