Agrawal, David R.Foremny, Dirk2018-05-312018-05-312018https://hdl.handle.net/2445/122681A recent Spanish tax reform granted regions the authority to set income tax rates, resulting in substantial tax differentials. We use individual-level information from Social Security records over a period of one decade. Conditional on moving, taxes have a significant effect on location choice. A one percent increase in the net of tax rate for a region relative to others increases the probability of moving to that region by 1.7 percentage points. Focusing on the stock of top-taxpayers, we estimate an elasticity of the number of top taxpayers with respect to net-of-tax rates of 0.85. Using this elasticity, a theoretical model implies that the mechanical increase in tax revenue due to higher tax rates is larger than the loss in tax revenue from the out-flow of migration.79 p.application/pdfengcc-by-nc-nd, (c) Agrawal et al., 2018http://creativecommons.org/licenses/by-nc-nd/3.0/es/RiquesaDistribució (Teoria econòmica)Política migratòriaAdministració fiscalWealthDistribution (Economic theory)Tax administration and procedureinfo:eu-repo/semantics/workingPaperinfo:eu-repo/semantics/openAccess