This paper deals with the efficiency and distributional consequences of a switch from the current German income and corporate tax system to one special variant of an intertemporally neutral tax, an extended ACE (allowance for corporate equity) corporation tax. This tax is favoured by the IFS...

This paper applies generational accounting to assess the impact of current fiscal policies on the growth-adjusted net tax burdens of different age cohorts in Norway. Using the most recent estimate of the government's petroleum wealth, our results indicate generational balance.

This paper studies whether a group of countries can gain from harmonizing their capital income taxes if the rest of the world does not follow suit. It is shown that cooperation among the subgroup of countries is beneficial if tax rates in the initial fully non-cooperative Nash equilibrium are...

The literature on the average and marginal cost of public funds and the average and marginal excess burden is presently a very rich one. A problem in this literature, is that a whole range of alternative measures are interpreted as representing the cost from collecting tax revenues. This paper...

In the optimal tax problem, the maximand is quasi-convex in consumer prices. In such a case, there exists no separating hyperplane between the upper contour set of the maximand and the constraint set. Therefore, the second order properties of optimal tax problems are somewhat non-standard...

Members belonging to the same household can often trade leisure for money with one another, simply by rescheduling duties in household work and by compensating each other for this. Standard optimal income tax literature has ignored this possibility. In this paper, I show within the framework of...

This paper analyzes the implications for the national provision of public inputs when profit sharing in multinational enterprises is a relevant constraint for tax policy. The analysis finds that under an investment-neutral corporation tax public inputs will be unambiguously underprovided in the...