Download or read book Excess Burden of Taxation written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-03 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Excess Burden of Taxation When it comes to economics, one of the economic losses that society endures as a consequence of taxes or subsidies is the weight of taxation that amounts to an excessive amount. According to the theoretical framework of economics, distortions alter the quantity and kind of economic behavior in comparison to what would take place in a free market in the absence of the tax. It is possible to determine the extent of excess burdens by employing either the average cost of funds or the marginal cost of funds (MCF). It was Adam Smith who first brought up the topic of excessive burdens. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Excess burden of taxation Chapter 2: Tax Chapter 3: Deadweight loss Chapter 4: Index of economics articles Chapter 5: Supply-side economics Chapter 6: Tax reform Chapter 7: Pigouvian tax Chapter 8: Sin tax Chapter 9: Tax competition Chapter 10: Proportional tax Chapter 11: Tax incidence Chapter 12: Arnold Harberger Chapter 13: Tax incentive Chapter 14: Tax policy Chapter 15: Market distortion Chapter 16: Optimal tax Chapter 17: Tax efficiency Chapter 18: Marginal cost of public funds Chapter 19: Laffer curve Chapter 20: OneTax Chapter 21: Optimal capital income taxation (II) Answering the public top questions about excess burden of taxation. (III) Real world examples for the usage of excess burden of taxation in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Excess Burden of Taxation.
Download or read book On the Marginal Excess Burden of Taxation in an Overlapping Generations Model written by Chung Tran and published by . This book was released on 2017 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: We quantify marginal excess burden, defined as the change in deadweight loss for an additional dollar of tax revenue, for different taxes. We use a dynamic general equilibrium, overlapping generations model featured with heterogeneous agents and a realistic structure of corporate finance and taxes. Our main results, based on an economy calibrated to Australian data, indicate that company taxes are more distorting than personal income and consumption taxes. Specifically, the marginal excess burden for the company income tax is 83 cents per dollar of tax revenue raised, compared to 34 cents and 24 cents for the personal income and consumption taxes, respectively. A broader analysis of more tax instruments confirm that the relatively larger excess burden of company taxes ultimately falls on households. Importantly, the marginal excess burden is distributed unevenly across skill types, generations and ages. This highlights political challenges when obtaining popular support for raising taxes. Hence, our analysis demonstrates that marginal excess burden can be a useful tool for evaluating both efficiency and distributional implications of a tax increase at the margin.
Download or read book The Excess Burden of Taxation in the United States written by Dale W. Jorgenson and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Real Tax Burden written by Alex M. Brill and published by Rowman & Littlefield. This book was released on 2011 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Using the fundamental concept of "excess burden" as their guide, in The Real Tax Burden: More Than Dollars and Cents, Alex Brill and Alan Viard illustrate how taxes work and their affect on such things as wages, savings, and economic growth. The authors describe past and present forms of taxation, discuss our current income and corporate tax policy, and critique various options for fundamental tax reform."--From publisher description.
Download or read book The Excess Burden of Taxation written by John Creedy and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Theory of Excess Burden and Optimal Taxation written by Alan J. Auerbach and published by . This book was released on 1982 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to present the chronological development ofthe concept of excess burden and the related study of optimal tax theory. A main objective of this exercise is to uncover the interrelationships among various apparently distinct results, so as to bring out the basic structure of the entire problem.The paper includes a discussion of various measures of excess burden,focusing on issues of approximation, informational requirements, aggregation over individuals, and the effects of technology. Included in the presentation of optimal tax theory is a section on tax reform, as well as an application of the theory to the case where uncertainty is present.
Download or read book The Encyclopedia of Taxation Tax Policy written by Joseph J. Cordes and published by The Urban Insitute. This book was released on 2005 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: "From adjusted gross income to zoning and property taxes, the second edition of The Encyclopedia of Taxation and Tax Policy offers the best and most complete guide to taxes and tax-related issues. More than 150 tax practitioners and administrators, policymakers, and academics have contributed. The result is a unique and authoritative reference that examines virtually all tax instruments used by governments (individual income, corporate income, sales and value-added, property, estate and gift, franchise, poll, and many variants of these taxes), as well as characteristics of a good tax system, budgetary issues, and many current federal, state, local, and international tax policy issues. The new edition has been completely revised, with 40 new topics and 200 articles reflecting six years of legislative changes. Each essay provides the generalist with a quick and reliable introduction to many topics but also gives tax specialists the benefit of other experts' best thinking, in a manner that makes the complex understandable. Reference lists point the reader to additional sources of information for each topic. The first edition of The Encyclopedia of Taxation and Tax Policy was selected as an Outstanding Academic Book of the Year (1999) by Choice magazine."--Publisher's website.
Download or read book The Excess Burden of Taxation and why it approximately Quadruples when the Tax Rate Doubles written by John Creedy and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Taxation and Economic Behaviour Introductory surveys in economics written by John Creedy and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume offers a number of broad introductory surveys in public economics and public finance. Divided clearly into two parts -measurement issues and taxation and economic behaviour - the collection consists of published refereed papers and several unpublished pieces.
Download or read book Excess Burden of Taxes and the Economic Cost of High Tax Rates written by Carroll and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Excess Burden of Taxation in the U S written by Dale Weldeau Jorgenson and published by . This book was released on 1990 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Taxation and Excess Burden written by E. John Driffill and published by . This book was released on 1981 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Taxation and Excess Burden written by Harvey S. Rosen and published by . This book was released on 1984 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A lifetime perspective is appropriate in assessing the welfare implications of government tax policies. Although a number of attempts have been made to ex- amine the excess burden of taxation in life-cycle models, these have tended to ignore the role of human capital accumulation and/or the leisure-income choice. In this paper, we do numerical simulations with a model that takes both of these phenomena into account. We find that under reasonable assumptions, the failure to take into account distortions of human capital decisions produces substantial underestimates of the excess burden of income taxation. In addition, allowing for the endogeneity of human capital increases the efficiency of a personal consumption tax relative to that of an equal yield income tax
Download or read book Taxation in the United States and Europe written by Anthonie Knoester and published by Springer. This book was released on 2016-07-27 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on taxation and economic policy making. It contains a variety of contributions devoted to important theoretical and empirical topics of taxation. Among the issues discussed are tax reforms, the poverty trap and the Laffer curve, taxation and the inverted Haavelmo effect, the excess burden of taxation in the United States, corporation tax harmonisation and taxation policy and economic integration. In addition, it contains a survey of the tax policies actually pursued by Austria, France, Germany, Italy, the Netherlands, the United Kingdom and the United States in the 1980s and the 1990s thus providing an unique documentation for an international comparison. The book will be of interest for anyone who is professionally involved with the theory and practise of taxation.
Download or read book The Marginal Excess Burden of Different Capital Tax Instruments written by Don Fullerton and published by . This book was released on 1987 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marginal excess burden, defined as the change in deadweight loss for an additional dollar of tax revenue, has been measured for labor taxes, output taxes, and capital taxes generally. This paper points out that there is no we1 1-defined way to raise capital taxes in general, because the taxation of income from capital depends on many different policy instruments including the statutory corporate income tax rate, the investment tax credit rate, depreciation lifetimes, declining balance rates for depreciation allowances, and personal tax rates on noncorporate income, interest receipts, dividends, and capital gains. Marginal excess burden is measured for each of these different capital tax instruments, using a general equilibrium model that encompasses distortions in the allocation of real resources over time, among industries, between the corporate and noncorporate sectors, and among diverse types of equipment, structures, inventories, and land. Although numerical results are sensitive to specifications for key substitution elasticity parameters, important qualitative results are not. We find that an increase in the corporate rate has the highest marginal excess burden, because it distorts intersectoral and interasset decisions as well as intertemporal decisions. At the other extreme, an investment tax credit reduction has negative marginal excess burden because it raises revenue while reducing interasset distortions more than it increases intertemporal distortions. In general, we find that marginal excess burdens of different capital tax instruments vary significantly. They can be more or less than the marginal excess burden of the payroll tax or the progressive personal income tax.
Download or read book Congress Should Account for the Excess Burden of Taxation written by Christopher J. Conover and published by . This book was released on 2010 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook of Public Economics written by Martin Feldstein and published by Elsevier. This book was released on 2002-01-25 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Field of Public Economics has been changing rapidly in recent years, and the sixteen chapters contained in this Handbook survey many of the new developments. As a field, Public Economics is defined by its objectives rather than its techniques and much of what is new is the application of modern methods of economic theory and econometrics to problems that have been addressed by economists for over two hundred years. More generally, the discussion of public finance issues also involves elements of political science, finance and philosophy. These connections are evidence in several of the chapters that follow. Public Economics is the positive and normative study of government's effect on the economy. We attempt to explain why government behaves as it does, how its behavior influences the behavior of private firms and households, and what the welfare effects of such changes in behavior are. Following Musgrave (1959) one may imagine three purposes for government intervention in the economy: allocation, when market failure causes the private outcome to be Pareto inefficient, distribution, when the private market outcome leaves some individuals with unacceptably low shares in the fruits of the economy, and stabilization, when the private market outcome leaves some of the economy's resources underutilized. The recent trend in economic research has tended to emphasize the character of stabilization problems as problems of allocation in the labor market. The effects that government intervention can have on the allocation and distribution of an economy's resources are described in terms of efficiency and incidence effects. These are the primary measures used to evaluate the welfare effects of government policy.
