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The effects of taxes and benefits in the EU (EU-SILC)

The effects of taxes and benefits in the EU (EU-SILC). Robert Smith. Background. Part of the Net-SILC project looking and Income and Living Conditions in Europe The project brings together National Statistics Institutes and Academics, funded through ESS-Net European Commission funding.

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The effects of taxes and benefits in the EU (EU-SILC)

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  1. The effects of taxes and benefits in the EU (EU-SILC) Robert Smith

  2. Background • Part of the Net-SILC project looking and Income and Living Conditions in Europe • The project brings together National Statistics Institutes and Academics, funded through ESS-Net European Commission funding. • 2007 EU Survey on Income and Living Conditions (EU-SILC), for the UK derived from the GLF • Includes 22 EU Countries, Iceland and Norway

  3. Methodology Original Income Cash Benefits (+) Gross Income Direct Taxes (-) Equivalisation Disposable Income

  4. Results

  5. S80/S20 Ratios – Disposable Income

  6. UK S80/S20 Ratio

  7. Gini Coefficients

  8. UK Gini Coefficients

  9. UK Gini Coefficients

  10. Geographical Patterns Reduction in Gini from Original to Disposable income

  11. Concentration Coefficients • In all countries looked at the tax system and benefits system are progressive • The bigger the absolute value the more progressive the system is • The smaller the absolute value the less progressive the system is Progressive: Reduce inequality Regressive: Increase inequality

  12. Concentration Coefficients Taxes & Benefits

  13. Size of Taxes and Benefits As a percentage of gross income

  14. Progressivity of Taxes (%) vs. Average Rate (%)

  15. Progressivity of Benefits (%) vs. Average Rate (%)

  16. Key Points • Rich six times richer than the poorest in the UK, five times richer in the EU-SILC area • All countries tax and benefit systems reduce income inequality • Geographical patterns exist in the effect of redistribution, this could be because of geographical differences in the type of tax and benefit system • Relationship between the size of taxes and benefits and their progressivity

  17. Thank You Further information Income and Living Conditions in Europe – available online http://epp.eurostat.ec.europa.eu/cache/ITY_OFFPUB/KS-31-10-555/EN/KS-31-10-555-EN.PDF Contact: Robert Smith, Office for National Statistics Email: robert.s.smith@ons.gsi.gov.ukTel: 01633 651618

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