Comprehensive Tax Reform

Comprehensive Tax Reform

Author: United States. Congress. House. Committee on Ways and Means

Publisher:

ISBN: PURD:32754078736042

Category: Income tax

Page:

View: 130

Categories: Income tax

Toward a Comprehensive Tax Reform for Italy

Toward a Comprehensive Tax Reform for Italy

This paper evaluates elements of a comprehensive reform of the Italian tax system.

Author: Emile Cammeraat

Publisher: International Monetary Fund

ISBN: 9781513529226

Category: Business & Economics

Page: 38

View: 334

This paper evaluates elements of a comprehensive reform of the Italian tax system. Reform options are guided by the principles of reducing complexity, broadening the tax base, and lowering marginal tax rates, especially the tax burden on labor income. The revenue and distributional implications of personal income and property tax reforms are assessed with EUROMOD, while a microsimulation model is developed to evaluate VAT reform options. Simulations suggest that a substantial reduction in the tax burden on labor income can be obtained with a revenue-neutral base-broadening reform that streamlines tax expenditures and updates the property valuation system. In addition, a comprehensive reform would benefit low- and middle-income households the most, by lowering significantly their overall current tax liability, which results in increased progressivity of the tax system.
Categories: Business & Economics

Comprehensive Tax Reform

Comprehensive Tax Reform

Author: Business Council on National Issues

Publisher:

ISBN: OCLC:796979995

Category: Corporations

Page: 14

View: 824

Categories: Corporations

The Economic Effects of Comprehensive Tax Reform

The Economic Effects of Comprehensive Tax Reform

I. Introduction -- II. Recent tax reform proposals -- III.

Author: Paul L. Houts

Publisher: Congress

ISBN: MINN:31951D00376036D

Category: Income tax

Page: 78

View: 957

I. Introduction -- II. Recent tax reform proposals -- III. Effects on the macroeconomy -- IV. Effects on the allocation of resources -- V. Effects on economic efficiency -- Appendix A. What will a consumption-based tax do to the price level and the value of existing assets? -- Appendix B. Simulation models and the saving response -- Appendix C. Fullerton-Rogers General-equilibrium model.
Categories: Income tax

The Challenges of Tax Reform in a Global Economy

The Challenges of Tax Reform in a Global Economy

This book presents 15 original papers and commentaries by a distinguished group of tax policy and tax administration experts.

Author: James Alm

Publisher: Springer Science & Business Media

ISBN: 0387299122

Category: Business & Economics

Page: 474

View: 797

This book presents 15 original papers and commentaries by a distinguished group of tax policy and tax administration experts. Using international examples, they highlight the state of knowledge of tax reform, present new thinking about the issue, and analyze useful policy options. The book’s general goal is to examine the current and emerging challenges facing tax reformers and to assess possible directions future reforms are likely to take. More specific themes include distributional issues, how to tax capital income, how to design specific taxes (e.g., the income tax, the value-added tax, the property tax), how to consider the politics and administrative aspects of tax reform, and how to combine the separate insights into comprehensive tax reform.
Categories: Business & Economics

The Spanish Fiscal Transition

The Spanish Fiscal Transition

This book provides an analysis of the process and outcomes of the tax reform, with a focus on progressivity, redistribution, and inequality.

Author: Sara Torregrosa Hetland

Publisher: Springer Nature

ISBN: 9783030795412

Category: Business & Economics

Page: 237

View: 903

This book provides an analysis of the process and outcomes of the tax reform, with a focus on progressivity, redistribution, and inequality. Between 1977 and 1986, Spain underwent a comprehensive tax reform which shaped its fiscal system until today. It was made in connection with the transition to democracy and indeed was understood as a fundamental part of the political change. The book situates the reform both within Spanish history and international trends in tax systems and connects it to the expansion of the welfare state and regional decentralization in Spain. The analysis reveals that the tax system failed to attain progressivity, and significant levels of fraud had a noticeable impact on inequality. Because of this, fiscal redistribution remained limited. In the new political economy of the second globalization, late democratic and fiscal transitioners were unable to emulate the path of the welfare state forerunners.
Categories: Business & Economics

The Guatemalan Tax Reform

The Guatemalan Tax Reform

In this concise volume, Roy Bahl, Jorge Martinez-Vazquez, and Sally Wallace review the data that supported the creation of the reform program and evaluate the first round of revenues and tax-burden effects.Focusing their theoretical and ...

Author: Roy Bahl

Publisher: Westview Press

ISBN: STANFORD:36105018358916

Category: Business & Economics

Page: 160

View: 253

In each case, they describe the existing tax system and evaluate it against the traditional norms; in addition, they analyze alternative structural reforms within the Guatemalan context.
Categories: Business & Economics