Tax Revenue and Economic Performance Analysis slide image

Tax Revenue and Economic Performance Analysis

The US relies on taxes to redistribute, which is less effective than cash transfers The impact of taxes and transfers on income inequality in 25 countries 0.60 0.55 0.50 0.45 0.40 0.35 0.30 0.25 0.20 0.15 Brazil (2006) Poland (2004) Guatemala (2006) Ireland (2004) Colombia (2004) Estonia (2004) Israel (2005) United Kingdom (2004) Germany (2004) France (1994) Finland (2004) Belgium (1997) Australia (2003) Netherlands (2004) United States (2004) Czech Republic (2004) Reduction of inequality through transfers Reduction of inequality through taxes ■Gini coefficient for disposable incomes Austria (2004) Sweden (2005) Canada (2004) Norway (2004) Denmark (2004) Switzerland (2004) Romania (1997) Republic of Korea (2006) Taiwan, China (2005) Note: The total height of the column corresponds to the Gini coefficient for market incomes (ie. before taxes and transfers). Source: Luxembourg Income Study (US) Database, http://www.lisproject.org/techdoc.htm (multiple countries, analysis of micro-date). 11
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