Consumption Taxes

Author : Robert Carroll,Alan D. Viard
Publisher : Rowman & Littlefield
Page : 224 pages
File Size : 46,9 Mb
Release : 2012
Category : Business & Economics
ISBN : 9780844743943

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Progressive Consumption Taxation by Robert Carroll,Alan D. Viard Pdf

The authors observe that consumption taxation is superior to income taxation because it does not penalize saving and investment and propose that the U.S. income tax system be completely replaced by a progressive consumption tax. They argue that the X tax, developed by the late David Bradford, offers the best form of progressive consumption taxation for the United States and outline concrete proposals for the X tax's treatment of numerous specific economic issues.

Author : Laurence S. Seidman
Publisher : MIT Press
Page : 186 pages
File Size : 55,5 Mb
Release : 1997
Category : Business & Economics
ISBN : 0262193833

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The USA Tax by Laurence S. Seidman Pdf

Although proposals for "flat" taxes have received a good deal of attention, a majority of Americans say that, for reasons of fairness, they favor a progressive tax. The USA Tax: A Progressive Consumption Tax presents an alternative to both the present tax system and a flat tax. The USA (unlimited savings allowance) tax is a progressive consumption tax that differs fundamentally from our current tax structure in that it taxes consumption rather than income. In April 1995, the USA tax bill was introduced into the United States Senate. Whatever the fate of the bill, this book is an important contribution to the literature on the theory and design of a progressive consumption tax. The USA tax has two components - the household tax, which replaces the current household income tax, and the business tax, which replaces the corporate income tax. A fundamental purpose of the USA tax is to raise the level of national saving and investment. It accomplishes this by making all household saving and business investment in capital goods tax-deductible. Seidman devotes most of his book to the impact on saving, the issue of fairness, practical design options, simplification, and a variety of questions and criticisms. The book, written in straightforward language, will help guide the non-economist through the coming debates on the USA tax.

Author : Michael A. Schuyler
Publisher : Unknown
Page : 166 pages
File Size : 48,9 Mb
Release : 1984
Category : Business & Economics
ISBN : STANFORD:36105043892426

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Consumption Taxes by Michael A. Schuyler Pdf

Part of the Fiscal Series published by Institute for Research on the Economics of Taxation. A discussion on the effect of consumption taxes and their effect on income tax.

Author : OECD
Publisher : OECD Publishing
Page : 215 pages
File Size : 46,8 Mb
Release : 2020-12-03
Category : Electronic
ISBN : 9789264465916

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Consumption Tax Trends 2020 VAT/GST and Excise Rates, Trends and Policy Issues by OECD Pdf

Consumption Tax Trends provides information on Value Added Taxes/Goods and Services Taxes (VAT/GST) and excise duty rates in OECD member countries. It also contains information about international aspects of VAT/GST developments and the efficiency of this tax. It describes a range of other consumption taxation provisions on tobacco, alcoholic beverages, motor vehicles and aviation fuels.

Author : OECD,Korea Institute of Public Finance
Publisher : OECD Publishing
Page : 154 pages
File Size : 51,5 Mb
Release : 2014-12-10
Category : Electronic
ISBN : 9789264224520

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OECD Tax Policy Studies The Distributional Effects of Consumption Taxes in OECD Countries by OECD,Korea Institute of Public Finance Pdf

The report examines the distributional effects of value-added tax (VAT) and excise tax systems in 20 OECD countries, and investigates the effectiveness of reduced VAT rates as a redistributional tool.

Author : Mr.Gian Milesi-Ferretti,Nouriel Roubini
Publisher : International Monetary Fund
Page : 38 pages
File Size : 46,8 Mb
Release : 1995-07-01
Category : Business & Economics
ISBN : 9781451848236

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Growth Effects of Income and Consumption Taxes by Mr.Gian Milesi-Ferretti,Nouriel Roubini Pdf

The effects of income and consumption taxation are examined in the context of models in which the growth process is driven by the accumulation of human and physical capital. The different channels through which these taxes affect economic growth are discussed, and it is shown that in general the taxation of factor incomes (human and physical capital) is growth-reducing. The effects of consumption taxation on growth depend crucially on the elasticity of labor supply, and therefore on the specification of the leisure activity. The paper also derives some implications for the optimal intertemporal choice of tax instruments.

Author : Organisation for Economic Co-operation and Development
Publisher : OECD
Page : 84 pages
File Size : 55,5 Mb
Release : 1997
Category : Service industries
ISBN : UIUC:30112003758163

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Consumption Tax Trends by Organisation for Economic Co-operation and Development Pdf

Author : Benjamin Carton,Emilio Fernández Corugedo,Mr.Benjamin L Hunt
Publisher : International Monetary Fund
Page : 37 pages
File Size : 44,8 Mb
Release : 2017-12-14
Category : Business & Economics
ISBN : 9781484333402

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Identical Twins? Destination-Based Cash-Flow Taxes Versus Consumption Taxes with Payroll Subsidies by Benjamin Carton,Emilio Fernández Corugedo,Mr.Benjamin L Hunt Pdf

The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region, forward-looking, DSGE model developed by the Economic Modeling Division of the IMF for policy analysis and international economic research. This paper uses GIMF to illustrate when a destination-based cash-flow tax is equivalent to a combination of a consumption tax and a labor subsidy, as the latter combination have been advocated as proxies for the implementation of destination-based cash-flow taxes. The paper documents the conditions under which both types of taxes are identical and how the equivalence in terms of the real economy and tax revenue responses can be broken, namely after the introduction of finitely lived consumers that value government debt as net wealth (real economy) and the introduction of untaxed government expenditure (tax revenue).

Author : James M. Bickley
Publisher : Nova Publishers
Page : 158 pages
File Size : 47,8 Mb
Release : 2003
Category : Business & Economics
ISBN : 1590335929

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Value Added Tax by James M. Bickley Pdf

The feasibility of levying a value-added tax (VAT) to reduce large forecast budget deficits seems to never go away. A VAT is imposed at all levels of production on the differences between firms' sales and their purchases from all other firms. A VAT is assumed to be fully shifted forward to consumers; hence, a VAT is a type of general consumption tax. The United States, does not have a broad-based, national level consumption tax and in general, relies less on consumption taxes. This book examines the concepts, issues and experiences of the value-added tax in other countries.

Author : David F. Bradford
Publisher : American Enterprise Institute
Page : 68 pages
File Size : 48,7 Mb
Release : 1996
Category : Business & Economics
ISBN : 084477068X

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Fundamental Issues in Consumption Taxation by David F. Bradford Pdf

David F. Bradford discusses key concepts in consumption and income taxes and identifies the problems of a transition to a consumption-based system. He addresses how such a transition would affect interest rates and shows how price changes would alter the distribution of gains and losses.

Author : Richard Eccleston
Publisher : Edward Elgar Publishing
Page : 216 pages
File Size : 46,6 Mb
Release : 2007-01-01
Category : Business & Economics
ISBN : 1782543406

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Taxing Reforms by Richard Eccleston Pdf

'Taxing Reforms is a good short book about the comparative policies of Value Added Taxation (VAT) in Australia, Canada, Japan and the United States. . . Taxing Reforms is a fine book, well worth reading, especially for specialists in the comparative political economy of taxation. . . its richly detailed case studies will make it a fruitful source of comparative hypotheses.' - Isaac W. Martin, Journal of Economic Literature

Author : Jason Clemens
Publisher : The Fraser Institute
Page : 208 pages
File Size : 51,6 Mb
Release : 2008
Category : Fiscal policy
ISBN : 9780889752290

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The Impact and Cost of Taxation in Canada by Jason Clemens Pdf

"There is increasing interest in, and recognition of, the need for both tax reduction and tax reform in Canada. This book provides the rationale for tax reform and a road map for that reform. The book includes 5 chapters from leading experts in the field and provides a persuasive, compelling case for tax reform in Canada." "The Impact of Taxes on Economic Behavior by Milagros Palacios and Kumi Harischandra offers a broad overview of the incentive effects associated with taxes that affect our decisions to work more, to save, to invest, and to engage in entrepreneurial activity." "Compliance and Administrative Costs of Taxation in Canada by renowned University of Montreal economics professor Francois Vaillancourt and Jason Clemens provides readers with an understanding of the vast costs associated with administering, and complying with, our current tax system."--BOOK JACKET.

Author : Alan Schenk,Victor Thuronyi,Wei Cui
Publisher : Cambridge University Press
Page : 577 pages
File Size : 44,7 Mb
Release : 2015-02-09
Category : Business & Economics
ISBN : 9781107042988

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Value Added Tax by Alan Schenk,Victor Thuronyi,Wei Cui Pdf

This book integrates legal, economic, and administrative materials about the value added tax (VAT) to present the only comparative approach to the study of VAT law. The comparative presentation of this volume offers an analysis of policy issues relating to tax structure and tax base as well as insights into how cases arising out of VAT disputes have been resolved. Its principal purpose is to provide comprehensive teaching tools - laws, cases, analytical exercises, and questions drawn from the experience of countries and organizations around the world. This second edition includes new VAT-related developments in Europe, Asia, Africa, and Australia and adds new chapters on VAT avoidance and evasion and on China's VAT. Designed to illustrate, analyze, and explain the principal theoretical and operating features of value added taxes, including their adoption and implementation, this book will be an invaluable resource for tax practitioners and government officials.

Author : Harry Grubert,Timothy Scott Newlon
Publisher : American Enterprise Institute
Page : 68 pages
File Size : 44,6 Mb
Release : 1997
Category : Business & Economics
ISBN : 0844770698

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Taxing Consumption in a Global Economy by Harry Grubert,Timothy Scott Newlon Pdf

In their analysis of how a consumption tax would affect investment choices by multinational corporations, the authors of this text consider capital inflows into the US and the likely consequences of a simplification of the taxation of international transactions.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 27 pages
File Size : 43,5 Mb
Release : 1988-03-09
Category : Business & Economics
ISBN : 9781451920888

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The Relative Impact of Income and Consumption Taxes by International Monetary Fund Pdf

This paper examines the possibility of ascertaining the welfare changes that occur when a consumption tax replaces an equal-yield income tax. It finds that those with saving/income ratios greater than the social saving/income ratio under the income tax will surely benefit and those with ratios smaller than the social rate under the consumption tax will surely be harmed. These conditions are in each case sufficient to guarantee these results—but not necessary. Some can be better off and others worse off without these conditions holding. It is thus theoretically impossible to predict the welfare effects on many taxpayers of the tax shift from the observable data.