Format:
1 Online-Ressource (27 p)
Series Statement:
IMF Working Paper, Vol. , pp. 1-27, 1988
Content:
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
Note:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 9, 1988 erstellt
Language:
English
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