small tax rate cuts, which decrease incentives to evade taxes, can lead to increased revenues through spillovers - creating … Laffer effects. Interestingly, tax rate cuts here imply increasing effective taxes. The model is consistent with what …

permanence of the change in taxes/transfers, and is much superior to one that assumes some consumers are fully Ricardian and …

of the fiscal and generational imbalances would require all taxes to go up and all transfers to be cut immediately and …

financed by consumption taxes; agents do not substitute between human and physical capital as a result of changes in …

This paper examines the relative merits of two dominant economic instruments for reducing pollution—”green” taxes and … other. In practice, however, most countries have relied more on taxes than on permits to control pollution. The analysis …. While many, particularly European countries, currently have long-term programs involving environmental taxes, a willingness …

at the subnational government. A reliance on shared taxes with extensive earmarking leads to weak subnational …