Download or read book The Principles of Optimal Income Taxation Revisited written by Janou Ek Richard and published by LAP Lambert Academic Publishing. This book was released on 2015-07-29 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work deals with the topic of optimal income taxation of top earners which has been a topic of numerous academic pieces of work in the past forty years. For instance, a result attracting attention is the zero marginal tax rate for top earners. In the past years, the debate has continued. As a result, the need to summarize the work and discussion on the most relevant aspects of income taxation has emerged. Therefore in this paper, the essential informational background is given and then the two main models, linear and non-linear, are explained. Then, the debate is summarized and more advanced topics are tackled. Such a paper is needed to provide not only a solid understanding of the topic, but also suggestions for further work in the field to achieve a consensus.

Download or read book Principles of Federal Income Taxation of Individuals written by Daniel Q. Posin and published by West Academic Publishing. This book was released on 2005 with total page 788 pages. Available in PDF, EPUB and Kindle. Book excerpt: In clear language, Posin and Tobin's Principles of Federal Income Taxation explores exotic Wall Street techniques employed to avoid capital gains. It includes analysis of cases and concepts of the leading casebooks, explanations with amplified diagrams and flow charts, and extensive treatment of the time value of money issues. This book explains equity swaps, shorting against the box, swap funds, and DECS. It presents, among other high-profile situations, a case study of how former Treasury Secretary William Simon and his partners made $700 million in profits on the sale of the Avis car rental agency less than two years after they bought it and paid no taxes.

Download or read book The optimal linear income tax revisited written by Martin F. Hellwig and published by . This book was released on 1984 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal Income Taxation with Quasi linear Preferences Revisited written by Robin W. Boadway and published by Kingston, Ont. : Institute for Economic Research, Queen's University. This book was released on 1999 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal Income Taxation Theory and Principles of Fairness written by Marc Fleurbaey and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Principles of Federal Income Taxation written by Daniel Q. Posin and published by West Group Publishing. This book was released on 2003 with total page 788 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Principles of Federal Income Taxation written by Dennis J. Gaffney and published by McGraw-Hill Companies. This book was released on 1984 with total page 872 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study guides accompany some issues.

Download or read book A Diagrammatic Exposition of the Theory of Optimal Income Taxation written by Efraim Sadka and published by . This book was released on 1975 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economics of Taxation second edition written by Bernard Salanie and published by MIT Press. This book was released on 2011-11-10 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: A concise and rigorous text that combines theory, empirical work, and policy discussion to present core issues in the economics of taxation. This concise introduction to the economic theories of taxation is intuitive yet rigorous, relating the theories both to existing tax systems and to key empirical studies. The Economics of Taxation offers a thorough discussion of the consequences of taxes on economic decisions and equilibrium outcomes, as well as useful insights into how policy makers should design taxes. It covers such issues of central policy importance as taxation of income from capital, environmental taxation, and tax credits for low-income families. This second edition has been significantly revised and updated. Changes include a substantially rewritten chapter on direct taxation; a discussion of recent research in the chapter on mixed taxation; the replacement of the chapter on capital taxation with a chapter on the “new dynamic public finance”; and considerations of environmental taxation in both theory and policy chapters. The book is aimed at graduate students or advanced undergraduates taking public finance classes as well as economists who want to learn more about the topic. It combines discussion of theory, empirical work, and policy objectives in compact form. Appendixes provide necessary background material on consumer and producer theory and the theory of optimal control.

Download or read book Tax By Design written by Stuart Adam and published by Oxford University Press. This book was released on 2011-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the findings of a commission chaired by James Mirrlees, this volume presents a coherent picture of tax reform whose aim is to identify the characteristics of a good tax system for any open developed economy, assess the extent to which the UK tax system conforms to these ideals, and recommend how it might be reformed in that direction.

Download or read book On Optimal Personal Income Taxation written by Paweł Doligalski and published by . This book was released on 2016 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: How should we tax people's incomes? I address this question from three di erent angles. The rst chapter describes the optimal income tax when people can hide earnings by working in a shadow economy. The second chapter examines the optimal taxation of employees when rms can insure their workers and help them avoid taxes. The nal chapter shows that a basic income policy - an unconditional cash transfer to every citizen - can, under certain conditions, be justi ed on e ciency grounds. In `Optimal Redistribution with a Shadow Economy', written jointly with Luis Rojas, we examine the constrained e cient allocations in the Mirrlees (1971) model with an informal sector. There are two labor markets: formal and informal. The planner observes only income from the formal market. We show that the shadow economy can be welfare improving through two channels. It can be used as a shelter against tax distortions, raising the e ciency of labor supply, and as a screening device, bene ting redistribution. We calibrate the model to Colombia, where 58% of workers are employed informally. The optimal share of shadow workers is close to 22% for the Rawlsian planner and less than 1% for the Utilitarian planner. Furthermore, we nd that the optimal tax schedule is very di erent then the one implied by the Mirrlees (1971) model without the informal sector. New Dynamic Public Finance describes the optimal income tax in the economy without private insurance opportunities. In `Optimal Taxation with Permanent Employment Contracts' I extend this framework by introducing permanent employment contracts which facilitate insurance provision within rms. The optimal tax system becomes remarkably simple, as the government outsources most of the insurance provision to employers and focuses mainly on redistribution. When the government wants to redistribute to the poor, a dual labor market can be optimal. Less productive workers are hired on a xed-term basis and are partially insured by the government, while the more productive ones enjoy the full insurance provided by the permanent employment. Such arrangement can be preferred, as it minimizes the tax avoidance of top earners. I provide empirical evidence consistent with the theory and characterize the constrained e cient allocations for Italy. When does paying a strictly positive compensation in every state of the world improves incentives to exert e ort? In 'Minimal Compensation and Incentives for E ort' I show that in the typical model of moral hazard it happens only when the e ort is a strict complement to consumption. If the cost of e ort is monetary, a positive minimal compensation strengthens incentives only when the agent is prudent and always does so when the marginal utility of consumption is unbounded at zero consumption. I discuss potential applications of these results in personal income taxation. The minimal compensation can be interpreted as a basic income - an unconditional cash transfer to every citizen. Therefore, I provide an e ciency rationale for the basic income.

Download or read book Federal Income Taxation written by Michael J. Graetz and published by . This book was released on 2009-01-01 with total page 854 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Income Taxation written by Erwin Nathaniel Griswold and published by . This book was released on 1976 with total page 1202 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book On the Theory of Optimal Income Taxation written by Eytan Sheshinski and published by . This book was released on 1971 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal Income Taxation written by Louis Kaplow and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article explores subjects in optimal income taxation characterized by recent research interest, practical importance in light of concerns about inequality, potential for misunderstanding, and prospects for advancement. Throughout, the analysis highlights paths for further investigation. Areas of focus include multidimensional abilities and endogenous wages; asymmetric information and the income of founders; production and consumption externalities from labor effort; market power and rents; behavioral phenomena relating to perceptions of the income tax schedule, myopic labor supply, and the interactions of savings, savings policies, and labor supply; optimal income transfers; the relationship between optimal income taxation and the use of other instruments; and issues relating to the social welfare function and utility functions, including nonwelfarist objectives, welfare weights, heterogeneous preferences, and taxation of the family.

Download or read book Principles of Income Taxation written by Reginald Ian Barrett and published by Butterworth-Heinemann. This book was released on 1975-01-01 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Principles of Income Taxation written by Reginald Ian Barrett and published by MICHIE. This book was released on 1985-12-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: