Progressive income tax systems penalize incomes that fluctuate from year to year. Legislation, both in the United States and in Canada, has provided for some relief through limited averaging provisions. This paper explores the properties of a tax system that bases its levy on the income earned...

Three of the four chapters in this book deal with consequences of the income-tax treatment of contributions to and withdrawals from the CPF. They discuss the effects on the borrowing costs of the Government of Singapore, and on the effective rates of return accruing to the citizens as members of...

Previous studies of the underreporting of income for tax purposes have used private employees as the benchmark to which other groups' compliance was measured. In this paper it is suggested that there are a number of circumstances when there will be an incentive for private employees and their...

In this article, a model of the costs of a casino is developed that focuses on the implications for economic welfare of different taxation schemes for casinos. The situation being considered is in a country where casinos cater exclusively to foreign tourists. The goal of the country is to...