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		| Michael  Hilmer | 
	
		| Max Planck Institute for Tax Law and Public Finance | 
	
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		| Department of Public Economics | 
	
		| Marstallplatz 1 | 
	
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		| Munich,  80539 | 
	
		| Germany | 
	
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		| michael.hilmer@tax.mpg.de | 
	
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		| JEL Areas: H2 : Taxation, Subsidies, and Revenue: General
 J3 : Wages, Compensation, and Labor Costs: General
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