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Persistent link: https://www.econbiz.de/10003305464
Intro -- Contents -- Preface -- 1 Introduction -- 2 Conceptual Foundations of the MCF -- 3 The MCF for Commodity Taxes -- 4 The MCFs for Excise Taxes in Thailand and the United Kingdom -- 5 The MCF from Taxing Labor Income -- 6 Applications of the MCF from Taxing Labor Income -- 7 The MCF from...
Persistent link: https://www.econbiz.de/10012674305
This chapter elaborates upon the marginal cost of public funds (MCF) - a measure of the cost imposed on the private sector in raising an additional dollar of tax revenue. In this chapter, we provide a basic introduction to the MCF concept, with numerical examples using a simple demand and supply...
Persistent link: https://www.econbiz.de/10012320358
Consumption taxes are only rarely assessed for their impact on the economic well-being of individuals. This paper reviews various studies on this issue. It first describes the large differences in the size and structure of these taxes among OECD countries, and then reviews the types of...
Persistent link: https://www.econbiz.de/10004962718
Abstract An expression for the welfare cost of a marginal increase in the public debt is derived using a simple AK endogenous growth model. This measure of the marginal cost of public funds (MCF) can be interpreted as the marginal benefit-cost ratio that a debt-financed public project needs in...
Persistent link: https://www.econbiz.de/10014587568
Persistent link: https://www.econbiz.de/10005389471
The efficiency losses from taxation vary directly with the responsiveness of a government’s tax bases to tax-rate increases. We estimate the dynamic responses of tax bases to changes in tax rates using aggregate panel data from Canadian provinces over the period 1972 to 2006. Our preferred...
Persistent link: https://www.econbiz.de/10010988678
<Para ID="Par1">Tax rate changes are some of the most significant and far-reaching decisions a government can take. In this paper we investigate the various fiscal and political factors that influence a government’s statutory tax rate change choices. We employ a multinomial logit model to empirically...</para>
Persistent link: https://www.econbiz.de/10011152081
Should provincial business taxes be deductible under a federal profit tax? We show that the "optimal deductible," which neutralizes the vertical fiscal externality between the federal and provincial government, is the change in the federal tax base per dollar of tax revenue collected by the...
Persistent link: https://www.econbiz.de/10005035692
An expression for the welfare cost of a marginal increase in the public debt is derived using a simple AK endogenous growth model. This measure of the marginal cost of public funds (MCF) can be interpreted as the marginal benefit-cost ratio that a debt-financed public project needs in order to...
Persistent link: https://www.econbiz.de/10005579743