We analyze the dynamic macroeconomic effects of border adjustment taxes, both when they are a feature of corporate tax … reform (C-BAT) and for the case of value added taxes (VAT). Our analysis arrives at the following main conclusions. First, C …. Lastly, border taxes increase government revenues in periods of trade deficit, however, given the net foreign asset position …

endowment shocks. The government's insurance motive generates pro-cyclical taxes on capital income. If the government could …

This paper proposes a new hybrid cash-flow tax on corporations that, on one hand, taxes only excess corporate profits …

perspective, which focuses on certain design aspects of selected major taxes, such as the personal income tax, the corporate …