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Hines Jr., James R. - 2007

Throughout American history, the U.S. federal and state governments have imposed excise taxes on commodities such as alcohol and tobacco (and more recently, gasoline and firearms). Rates of such quot;sinquot; taxation, and consumption taxation broadly (including sales taxes and value-added...

Persistent link: https://www.econbiz.de/10012778164

Simulating the Dynamic Macroeconomic and Microeconomic Effects of the Fairtax

Kotlikoff, Laurence J. - 2009

Persistent link: https://www.econbiz.de/10012767466

How Globalization Affects Tax Design

Hines Jr., James R. - 2010

The economic changes associated with globalization tighten financial pressures on governments of high-income countries by increasing the demand for government spending while making it more costly to raise tax revenue. Greater international mobility of economic activity, and associated...

Persistent link: https://www.econbiz.de/10012757962

Capital Levies and Transition to a Consumption Tax

Kaplow, Louis - 2010

The merits of capital levies depend on the likelihood of repetition, the extent of anticipation, and its effects on distribution. The relevance of these features, which in varying degrees is underdeveloped or underappreciated in pertinent literatures, is elaborated and then considered with...

Persistent link: https://www.econbiz.de/10012761466

Consumption Taxes : Some Fundamental Transition Issues

Bradford, David F. - 2021

A number of tax reform plans under discussion in the United States would replace the existing hybrid income-based system with a consumption-based system. In this paper I use uniform (single-rate) consumption and income taxes: (a) to explain how the problem of taxing 'old savings' or 'old...

Persistent link: https://www.econbiz.de/10013223328

Consumption Taxes and Economic Efficiency in a Stochastic OLG Economy

Nishiyama, Shinichi; Smetters, Kent A. - 2021

Fundamental tax reform is examined in a heterogeneous overlapping-generations (OLG) model in which agents face idiosyncratic earnings shocks and uncertain life spans. Following Auerbach and Kotlikoff (1987), a Lump-Sum Redistribution Authority is used to rigorously examine efficiency gains over...

Persistent link: https://www.econbiz.de/10013224172

Distributional Implications of Introducing a Broad-Based Consumption Tax

Gentry, William M.; Hubbard, R. Glenn - 2021

As a tax base, 'consumption' is sometimes argued to be less fair than 'income' because the benefits of not taxing capital income accrue to high-income households. We argue that, despite the common perception that consumption taxation eliminates all taxes on capital income, consumption and income...

Persistent link: https://www.econbiz.de/10013224185

A Distributional Analysis of an Environmental Tax Shift

Metcalf, Gilbert E. - 2021

I use data from the 1994 Consumer Expenditure Survey as well as other sources to measure the distributional impact of green tax reforms and consumption tax reforms using both annual income and lifetime income approaches to rank households. A modest tax reform in which environmental taxes equal...

Persistent link: https://www.econbiz.de/10013226988

Foreign Direct Investment in a World of Multiple Taxes

Desai, Mihir A.; Hines Jr., James R. - 2022

While governments have multiple tax instruments available to them, studies of the effect of tax policy on the locational decisions of multinationals typically focus exclusively on host country corporate income tax rates and their interaction with home country tax rules. This paper examines the...

Persistent link: https://www.econbiz.de/10014126301

Indirect Tax Initiatives and Global Rebalancing

Chunding, Li - 2012

instruments to achieve rebalancing. We suggest that if China and Germany (as major surplus countries) switch their present VAT … systems from a destination principle to an origin principle, and the US (as the major deficit country) adopts a VAT on a … destination principle VAT, jointly these actions can significantly reduce the three countries' joint imbalances and so contribute …

Persistent link: https://www.econbiz.de/10013108913

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