El Impuesto sobre la Renta en 2015comparación con el IRPF 2014 y 2011

Abstract

This paper analyzes the revenue and distributive impact of the recent Act 26/2014. The personal income taxes for years 2011, 2014 and 2015 are simulated. In doing so, tax-return microdata for year 2011 are used. These computa - tions are run under the assumption of no behavioural reactions. In this context, it is found that tax revenue in 2015 will be pretty similar to tax revenue in 2011 but it will be 7% lower if compared with tax revenue in 2014. In any of the tax scenarios analyzed, losers and unaffected taxpayers can be found. Specifically, comparing the move from 2014 to 2015, 7,29% of the taxpayers will lose and 27,30% will be unaffected by the new personal income tax. Comparing 2015 and 2011, the proportion of taxpayers that will lose with the new Act reaches 27,79% of the filers whereas it will be neutral for 28,64% of the taxpayers. In addition, it is found that the personal income tax in 2015 will be more progressive that the ones existing in 2011 and 2014. Nevertheless, the redistributive power of personal income taxation in 2015, although higher than in 2011, it will be slightly lower than in 2014.