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 …

Italy is employed to simulate and identify income tax-transfer rules that are optimal according to the extended EOp … criterion. We look for second-best optimality, i.e. the tax-transfer rules are not allowed to depend on family background, they … individualized) lump-sum transfer (positive or negative) and by one or two marginal tax rates. A rather striking result of the …

We evaluate reforms to the U.S. tax system in a dynamic setup with heterogeneous married and single households, and … revenue-neutral tax reforms: a proportional consumption tax, a proportional income tax, a progressive consumption tax, and a … reform in which married individuals file taxes separately. Our findings indicate that tax reforms are accompanied by large …

current system of taxation, setting a proportional tax rate on married females equal to 4% (8%) increases output and married … are preferred by a majority of households. Nevertheless, welfare gains are higher when the U.S. tax system is replaced by … a proportional, gender-neutral income tax. …

This paper describes IZAΨMOD, the policy microsimulation model of the Institute for the Study of Labor (IZA). The model …-employee dataset LIAB. IZAΨMOD consists of three components: First, a static module simulates the effects of a tax reform on the budget … distinguishes our model from most other microsimulation tools. A demand module takes into account possible restrictions of labor …

first detailed distributional analysis of the tax and expenditure sides of the fiscal system, examining in particular the … different taxes and transfers in achieving these poverty and inequality reduction goals. The analysis finds that the tax …