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An investigation of the effects of taxes on work decisions on the example of the WFTC in the UK


Essai, 2005

8 Pages, Note: A-


Résumé ou Introduction

This essay deals with the Working Families Tax Credit (WFTC) which was introduced by the UK government in 1999. The WFTC is a wage subsidy for low income workers that is withdrawn above a certain level of income. To evaluate the impact and outcome of the imposition of this tax credit I will first of all use budget line analysis to predict the likely effects of the reform on labour supply.

Résumé des informations

Titre
An investigation of the effects of taxes on work decisions on the example of the WFTC in the UK
Université
London School of Economics
Cours
Public Finance
Note
A-
Auteur
Année
2005
Pages
8
N° de catalogue
V43098
ISBN (ebook)
9783638409711
Taille d'un fichier
701 KB
Langue
anglais
Annotations
In 1999, the UK government introduced a Working Families Tax Credit (WFTC), which was a wage subsidy for low income workers (analogous to the US Earned Income Tax Credit) that was withdrawn above a certain level of income. This essay uses budget line analysis to predict the likely effects of the reform on labour supply and checks if these predictions are borne by empirical evidence.
Mots clés
WFTC, Public, Finance
Citation du texte
Frédérik Arns (Auteur), 2005, An investigation of the effects of taxes on work decisions on the example of the WFTC in the UK, Munich, GRIN Verlag, https://www.grin.com/document/43098

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