The Relative Impact of Income and Consumption Taxes:
This paper examines the possibility of ascertaining the welfare changes that occur when a consumption tax replaces an equal-yield income tax. It finds that those with saving/income ratios greater than the social saving/income ratio under the income tax will surely benefit and those with ratios small...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1988
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Schriftenreihe: | IMF Working Papers
Working Paper No. 88/24 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper examines the possibility of ascertaining the welfare changes that occur when a consumption tax replaces an equal-yield income tax. It finds that those with saving/income ratios greater than the social saving/income ratio under the income tax will surely benefit and those with ratios smaller than the social rate under the consumption tax will surely be harmed. These conditions are in each case sufficient to guarantee these results-but not necessary. Some can be better off and others worse off without these conditions holding. It is thus theoretically impossible to predict the welfare effects on many taxpayers of the tax shift from the observable data |
Beschreibung: | 1 Online-Ressource (27 p) |
ISBN: | 1451920881 9781451920888 |
Internformat
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spelling | International Monetary Fund Verfasser aut The Relative Impact of Income and Consumption Taxes Washington, D.C International Monetary Fund 1988 1 Online-Ressource (27 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 88/24 This paper examines the possibility of ascertaining the welfare changes that occur when a consumption tax replaces an equal-yield income tax. It finds that those with saving/income ratios greater than the social saving/income ratio under the income tax will surely benefit and those with ratios smaller than the social rate under the consumption tax will surely be harmed. These conditions are in each case sufficient to guarantee these results-but not necessary. Some can be better off and others worse off without these conditions holding. It is thus theoretically impossible to predict the welfare effects on many taxpayers of the tax shift from the observable data Online-Ausg International Monetary Fund Sonstige oth http://elibrary.imf.org/view/IMF001/14101-9781451920888/14101-9781451920888/14101-9781451920888.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | The Relative Impact of Income and Consumption Taxes |
title | The Relative Impact of Income and Consumption Taxes |
title_auth | The Relative Impact of Income and Consumption Taxes |
title_exact_search | The Relative Impact of Income and Consumption Taxes |
title_exact_search_txtP | The Relative Impact of Income and Consumption Taxes |
title_full | The Relative Impact of Income and Consumption Taxes |
title_fullStr | The Relative Impact of Income and Consumption Taxes |
title_full_unstemmed | The Relative Impact of Income and Consumption Taxes |
title_short | The Relative Impact of Income and Consumption Taxes |
title_sort | the relative impact of income and consumption taxes |
url | http://elibrary.imf.org/view/IMF001/14101-9781451920888/14101-9781451920888/14101-9781451920888.xml |
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