On Inflation as a Regressive Consumption Tax
Author: Andrés Erosa
Publisher: London : Department of Economics, University of Western Ontario
Published: 2000
Total Pages: 39
ISBN-13: 9780771422300
DOWNLOAD EBOOKPosts
Progressive Consumption Taxation
Author: Robert Carroll
Publisher: Rowman & Littlefield
Published: 2012
Total Pages: 224
ISBN-13: 0844743941
DOWNLOAD EBOOKThe authors observe that consumption taxation is superior to income taxation because it does not penalize saving and investment and propose that the U.S. income tax system be completely replaced by a progressive consumption tax. They argue that the X tax, developed by the late David Bradford, offers the best form of progressive consumption taxation for the United States and outline concrete proposals for the X tax's treatment of numerous specific economic issues.
The Distributional Implications of the Impact of Fuel Price Increases on Inflation
Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
Published: 2021-11-12
Total Pages: 34
ISBN-13: 1616356154
DOWNLOAD EBOOKThis paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Innocent Bystanders? Monetary Policy and Inequality in the U.S.
Author: Mr.Olivier Coibion
Publisher: International Monetary Fund
Published: 2012-08-01
Total Pages: 57
ISBN-13: 1475505493
DOWNLOAD EBOOKWe study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total income, consumption and total expenditures. Furthermore, monetary shocks can account for a significant component of the historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we document the different channels via which monetary policy shocks affect inequality, as well as how these channels depend on the nature of the change in monetary policy.
The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay
Author: Emmanuel Saez
Publisher: W. W. Norton & Company
Published: 2019-10-15
Total Pages: 267
ISBN-13: 1324002735
DOWNLOAD EBOOK“The most important book on government policy that I’ve read in a long time.” —David Leonhardt, New York Times Even as they have become fabulously wealthy, the ultra-rich have seen their taxes collapse to levels last seen in the 1920s. Meanwhile, working-class Americans have been asked to pay more. The Triumph of Injustice presents a forensic investigation into this dramatic transformation, written by two economists who have revolutionized the study of inequality. Blending history and cutting-edge economic analysis, Emmanuel Saez and Gabriel Zucman offer a comprehensive view of America’s tax system alongside a visionary, democratic, and practical reinvention of taxes.
Tax Policy and the Economy
Author:
Publisher:
Published: 1993
Total Pages: 200
ISBN-13:
DOWNLOAD EBOOKTaxing the Poor
Author: Katherine S. Newman
Publisher: Univ of California Press
Published: 2011-02-27
Total Pages: 262
ISBN-13: 0520269675
DOWNLOAD EBOOK"New South? Not really. A compelling demonstration that the South's regressive taxation wreaks so much havoc that the federal government has no choice but to swoop in at great cost and attempt to band-aid all the poverty and dysfunction. The best argument yet for a new federalism that says enough is enough."—David B. Grusky, Stanford University “Taxing the Poor makes extremely important points that are not now—but must be—part of the American discussion of poverty and social policy. The authors make these points with fascinating details on the history of how we got to this place. Bravo to Newman and O’Brien for thoroughly laying out a politcal economy of taxation.”—Robin Einhorn, author of American Taxation, American Slavery
Brookings Papers on Economic Activity: Spring 2017
Author: Janice Eberly
Publisher: Brookings Institution Press
Published: 2017-10-10
Total Pages: 484
ISBN-13: 081573252X
DOWNLOAD EBOOKBrookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.
OECD Tax Policy Studies Taxing Working Families A Distributional Analysis
Author: OECD
Publisher: OECD Publishing
Published: 2005-11-16
Total Pages: 135
ISBN-13: 9264013210
DOWNLOAD EBOOKTaxing Working Families provides insights into how income taxes and social security contributions affect the distribution of income between different types of families in OECD countries.
Taxation of Petroleum Products
Author: Mrs.Poonam Gupta
Publisher: International Monetary Fund
Published: 1994-03-01
Total Pages: 58
ISBN-13: 1451979754
DOWNLOAD EBOOKThe domestic taxation of petroleum products is an important source of revenue in most countries. However, there is a wide variation of tax rates on petroleum products across countries, which cannot be explained by economic theory alone. This paper surveys different considerations advanced for taxing petroleum and presents petroleum tax rate data in 120 countries. It concludes that a significant reduction in the present extremely wide variation in petroleum prices and tax rates appears warranted.
