A report on Income taxTax and Tax avoidance

Top marginal tax rate of the income tax (i.e. the maximum rate of taxation applied to the highest part of income)
Total revenue from direct and indirect taxes given as share of GDP in 2017
Avoiding the window tax in England
William Pitt the Younger introduced a progressive income tax in 1798.
Pieter Brueghel the Younger, The tax collector's office, 1640
Countries with politicians, public officials or close associates implicated in the Panama Papers leak on 15 April 2016
Punch cartoon (1907); illustrates the unpopularity amongst Punch readers of a proposed 1907 income tax by the Labour Party in the United Kingdom.
Substitution effect and income effect with a taxation on y good.
General government revenue, in % of GDP, from personal income taxes. For this data, the variance of GDP per capita with purchasing power parity (PPP) is explained in 27 % by tax revenue
Budget's constraint shift after an introduction of a lump sum tax or a general tax on consumption or a proportional income tax.
Systems of taxation on personal income
The Laffer curve. In this case, the critical point is at a tax rate of 70%. Revenue increases until this peak, then it starts decreasing.
Payroll and income tax by OECD Country
General government revenue, in % of GDP, from social contributions. For this data, the variance of GDP per capita with purchasing power parity (PPP) is explained in 20% by social contributions revenue.
Egyptian peasants seized for non-payment of taxes. (Pyramid Age)
Public finance revenue from taxes in % of GDP. For this data, the variance of GDP per capita with purchasing power parity (PPP) is explained in 32% by tax revenue.
Diagram illustrating deadweight costs of taxes

An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income).

- Income tax

Tax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax that is payable by means that are within the law.

- Tax avoidance

Most countries charge a tax on an individual's income as well as on corporate income.

- Tax

Also income tax would still be due on any salary or dividend drawn from the legal entity.

- Tax avoidance

Tax avoidance strategies and loopholes tend to emerge within income tax codes.

- Income tax

The more details of tax policy there are, the more opportunities for legal tax avoidance and illegal tax evasion.

- Tax
Top marginal tax rate of the income tax (i.e. the maximum rate of taxation applied to the highest part of income)

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