redistribution of income occurs. Finally, a consumption tax hike accompanied by a compensatory reduction of public debt increases … model with finite horizons. A tax on consumption, when tax revenues are lump-sum rebated to consumers, redistributes income … unproductive public spending, the effect of the consumption tax on the endogenous growth rate disappears as no intergenerational …

for low wage earnings, financed by a carbon tax, could yield a double dividend, the reduction of unemployment and the … fall if real after tax income from unemployment and leisure is not affected or only partially affected by the change in … average taxes. When unemployment benefits are not taxed in a unionized economy, lower average labor taxes reduce the …

is necessary if they choose public transportation. Furthermore a tax-deductible flat-rate per kilometer is required if …

Tax earmarking imposes a constraint on government policymaking, and may be desirable if it solves a time …-inconsistency problem in tax policy. In a two-period economy, in which the policy decisions regarding taxes, public goods provision, and …

find that employment and welfare always increase when the revenue from the introduction of a Pigouvian tax (imposed on … firms and households) is fully recycled to cut the rate of the pre-existing labour tax. Moreover, it turns out that the … case in which the pollution tax is positive at the outset. …

polluting factor. The government uses the revenue from a capital-income tax and a pollution tax for a lump-sum transfer to the …-economic equilibrium, the lower the skill of the median individual is relative to the average, the smaller the pollution tax and the … capital stock are, and the greater the capital income-tax and the relative use of the polluting factor. We perform both steady …

tax on the economic dynamics. Both transitional dynamics and balanced growth path are computed and the response to an … environmental tax change is explored. Short-run and long-run welfare costs are computed too. We show that an environmental tax …

on both the substitution and income effects. Income effects, in turn, crucially depend on how carbon tax revenues are …

This paper analyzes the effects of a land rent tax on capital formation and foreign investment in a life-cycle small … taxation critically depend on how the tax proceeds are used by the government. A land tax depresses capital formation, crowds … out foreign investment and pulls up national wealth and consumption when consumers are lump-sum compensated for the tax …