Meet the oligarchs: business legitimacy, state capacity and taxation

Di Tella, Rafael; Dubra, Juan; Lagomarsino, Alejandro

dc.rights.license	Attribution-NonCommercial-NoDerivatives 4.0 Internacional	*
dc.contributor.author	Di Tella, Rafael
dc.contributor.author	Dubra, Juan
dc.contributor.author	Lagomarsino, Alejandro
dc.date.accessioned	2022-04-27T18:45:36Z
dc.date.available	2022-04-27T18:45:36Z
dc.date.issued	2016	es
dc.identifier.uri	https://hdl.handle.net/20.500.12806/1351
dc.description.abstract	We study the impact of two dimensions of trust, namely trust in business elites and trust in government, on policy preferences. Using a randomized online survey, we find that our two treatments are effective in changing trust in Major Companies and in Courts/Government. In contrast to previous work, we find that more trust causes a decline in desired taxes. This is particularly strong for our treatment decreasing trust in business elites, which causes an increase in desired taxes on the top 1% of 1.2 percentage points. The effect closes 14% of the gap in tax preferences between Democrats and Republicans, and is double that amount when trust in government is low. Similarly, more distrust leads to more desired regulation and less private-public sector meetings, a variable we argue is connected to State capacity. A model where people tax to punish corrupt business leaders (rather than to redistribute income) helps interpret these findings.	es
dc.format.extent	55 p.	es
dc.format.mimetype	application/pdf	es
dc.language	eng	es
dc.publisher	Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía	es
dc.relation.ispartof	Documentos de trabajo del Departamento de Economía	es
dc.rights	Abierto	es
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/	*
dc.subject	Impuestos	es
dc.subject	Negocios	es
dc.title	Meet the oligarchs: business legitimacy, state capacity and taxation	es
dc.type	Documento de trabajo	es
dc.contributor.filiacion	Di Tella, Rafael. Harvard Business School	es
dc.contributor.filiacion	Dubra, Juan. Universidad de Montevideo, Uruguay	es
dc.type.version	Publicada	es