Tax Impact on Household Income
DOI:
https://doi.org/10.1515/eb-2016-0024Keywords:
Household, income, tax relief, taxesAbstract
The household income is an important economic indicator because it determines the scale of the household sector consumption and its delay in future in terms of saving and investing. Many factors influence the magnitude of household income and one of these factors is taxation. Given the significance of tax payments not only for household income, and through them – for the national economy, the object of the current study is the household income and in particular the impact of the taxation framework on the formation of disposable income. The aim of the study is to examine the changes in the monetary income of households in the Republic of Bulgaria as a function of the implemented tax reforms in the period following the country’s accession to the EU.References
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Dimitrova, T. (2010). Personal Finances . Svishtov: Tsenov Publishing House, 70–85.
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Personal Income Tax Act . (2015).
Radilov, D. & Chervenski, G. (2016). VAR – models of shocks in the business cycles of final consumption expenditure of households , Svishtov: Nrodnostopanski archiv, 2 , 3–19.
Radulova, A. (2015). Personal finances. Faber, V. Tarnovo, 20–25.
Radulova, A. (2011). Personal Finances in Bulgaria – theoretical aspects and empirical evidence , Tsenov Publishing House, Library “Education and Sciense,” 1 , 59–64.
Rosefsky, R. S. (1999). Personal Finance (7th ed.). John Wiley and Sons Inc., 617–636.
Brusarski, R., Zahariev, A. & Manliev, G. (2015). Finance Theory , Faber, V. Tarnovo, 79–89.
Boskin, M. J. (1978). Taxation, Saving and the Rate of Interest. Journal of Political Economy , 86 (2), 3–27. http://dx.doi.org/10.1086/260692
Callaghan, G. & Fribbance, I. (2007). Personal Finance , Palgrave Macmillan, 47–87.
Dimitrova, T. (2010). Personal Finances . Svishtov: Tsenov Publishing House, 70–85.
Dimitrova, T. (2012). Households in Bulgaria – financial category and relations , Svishtov: Narodnostopanski archiv, (3), 20–38.
Kapoor, J., Dlabay, Les, R. & Hughes, R. (2009). Personal Finance . McGraw-Hill Irwin, 83.
King, J. & Carey, M. (2014). Personal Finance: A Practical Approach . Oxford University Press, 15–24.
Local Taxes and Fees Act. (2015).
Law on State Social Insurance. (2015).
Pavlova, M. (2014). Tax Policy of the Republic of Bulgaria for the Period 2007–2013. Економічний вісник Донбасу , 4 (38), 115–120. Retrieved from http://dspace.nbuv.gov.ua/xmlui/bitstream/handle/123456789/87631/17-Pavlova.pdf?sequence=1
Personal Income Tax Act . (2015).
Radilov, D. & Chervenski, G. (2016). VAR – models of shocks in the business cycles of final consumption expenditure of households , Svishtov: Nrodnostopanski archiv, 2 , 3–19.
Radulova, A. (2015). Personal finances. Faber, V. Tarnovo, 20–25.
Radulova, A. (2011). Personal Finances in Bulgaria – theoretical aspects and empirical evidence , Tsenov Publishing House, Library “Education and Sciense,” 1 , 59–64.
Rosefsky, R. S. (1999). Personal Finance (7th ed.). John Wiley and Sons Inc., 617–636.
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01.08.2016
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Copyright (c) 2016 Mariyana Pavlova (Author)
This work is licensed under a Creative Commons Attribution 4.0 International License.
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Pavlova, M. (2016). Tax Impact on Household Income. Economics and Business, 29(1), 76-81. https://doi.org/10.1515/eb-2016-0024
