Tax reforms are crucial to promoting inclusive growth in India. The replacement of a myriad of consumption taxes by a … Goods and Services Tax (GST) will boost India's competitiveness, investment, job creation and tax compliance. The potential … productivity by reducing distortions in the allocation of resources which emanate from the corporate income tax; iv) boost job …

This paper studies the design of tax systems that implement a planner's second-best allocation in a market economy. An … example shows that the widely used Mirrleesian (1976) tax system cannot implement all incentive-compatible allocations … one tax system. However, this tax system is often undesirable since it severely restricts the choice space of agents in …

Many countries apply lower fines to tax evading individuals when they voluntarily disclose the tax evasion they … to evade taxes, they nevertheless increase tax revenues net of administrative costs. I confirm the importance of … administrative costs in a survey of German competent local tax authorities. I then test the effects of voluntary disclosure on the …

determination than in tax determination. Apart from some simulation studies, theoretical studies of optimal tax design typically … Atkinson-Stiglitz and Chamley-Judd results, this article raises the issue of tax-favored retirement savings, a topic where the …

-sufficiency of the ETI, namely tax deductions. Building on a theoretical framework which incorporates deductions in a standard … optimal-tax model, we show that the ETI is not sufficient for welfare analysis if (i) deductions generate externalities and if … (ii) deductions are responsive to tax-rate changes. While the first condition should arguably hold true for the majority …

democracies; (2) the nature and determinants of modern tax structures; and (3) redistribution in pluralistic societies over … three most important issues in the field: (1) the evolution of the power to tax in (what are now) the mature constitutional …

the joint determination of the non-linear monitoring and tax schedules and the conditions under which these can be … implemented. Monitoring of labor effort reduces the distortions created by income taxation and raises optimal marginal tax rates …, possibly above 100 percent. The optimal intensity of monitoring increases with the marginal tax rate and the labor …

We assess the concentration and duration of zero tax liabilities and of transfer receipts, using data for households … concentrated. Nearly 68% owe no federal tax in at least one year, approximately 78% receive some type of transfer in at least one … tax in any given year, 18% pay tax the following year, and 39% contribute within five years. Of those who receive …