Book/Printed Material On the undesirability of commodity taxation even when income taxation is not optimal

Title

• On the undesirability of commodity taxation even when income taxation is not optimal

Summary

• "An important result due to Atkinson and Stiglitz (1976) is that differential commodity taxation is not optimal in the presence of an optimal nonlinear income tax (given weak separability of utility between labor and all consumption goods). This article demonstrates that their conclusion holds regardless of whether the income tax is optimal. In particular, given any commodity tax and income tax system, differential commodity taxation can be eliminated in a manner that results in a Pareto improvement. Also, differential commodity taxation can be proportionally reduced so as to generate a Pareto improvement. In addition, for commodity tax reforms that do not eliminate or proportionally reduce differential taxation, a simple efficiency condition is offered for determining whether a Pareto improvement is possible"--National Bureau of Economic Research web site.

Names

• Kaplow, Louis
• National Bureau of Economic Research

Created / Published

• Cambridge, MA : National Bureau of Economic Research, c2004.

Headings

• -  Taxation of articles of consumption--Econometric models

Notes

• -  Title from PDF file as viewed on 1/13/2005.
• -  Includes bibliographical references.
• -  Also available in print.
• -  Mode of access: World Wide Web.
• -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

• HB1

Digital Id

• https://hdl.loc.gov/loc.gdc/gdcebookspublic.2005615707
• http://papers.nber.org/papers/W10407 External

Library of Congress Control Number

• 2005615707

Access Advisory

• Unrestricted online access

Online Format

• image
• pdf

LCCN Permalink

• https://lccn.loc.gov/2005615707

Additional Metadata Formats

• MARCXML Record
• MODS Record
• Dublin Core Record