Myth and Reality of Flat Tax Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Myth and Reality of Flat Tax Reform write by Yuriy Gorodnichenko. This book was released on 2008. Myth and Reality of Flat Tax Reform available in PDF, EPUB and Kindle. Using micro-level data, we examine the effects of Russia's 2001 flat rate income tax reform on consumption, income, and tax evasion. We use the gap between household expenditures and reported earnings as a proxy for tax evasion with data from a household panel for 1998-2004. Utilizing difference-in-difference and regression-discontinuity-type approaches, we find that large and significant changes in tax evasion following the flat tax reform are associated with changes in voluntary compliance and cannot be explained by changes in tax enforcement policies. We also find the productivity response of taxpayers to the flat tax reform is small relative to the tax evasion response. Finally, we develop a feasible framework to assess the deadweight loss from personal income tax in the presence of tax evasion based on the consumption response to tax changes. We show that because of the strong tax evasion response the efficiency gain from the Russian flat tax reform is at least 30% smaller than the gain implied by conventional approaches.
Myth and Reality of Flat Tax Reform
Myth and Reality of Flat Tax Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Myth and Reality of Flat Tax Reform write by Yuriy Gorodnichenko. This book was released on 2010. Myth and Reality of Flat Tax Reform available in PDF, EPUB and Kindle. Using micro-level data, we examine the effects of Russia's 2001 flat rate income tax reform on consumption, income, and tax evasion. We use the gap between household expenditures and reported earnings as a proxy for tax evasion with data from a household panel for 1998-2004. Utilizing difference-in-difference and regression-discontinuity-type approaches, we find that large and significant changes in tax evasion following the flat tax reform are associated with changes in voluntary compliance and cannot be explained by changes in tax enforcement policies. We also find the productivity response of taxpayers to the flat tax reform is small relative to the tax evasion response. Finally, we develop a feasible framework to assess the deadweight loss from personal income tax in the presence of tax evasion based on the consumption response to tax changes. We show that because of the strong tax evasion response the efficiency gain from the Russian flat tax reform is at least 30% smaller than the gain implied by conventional approaches.
Federal Tax Reform
Federal Tax Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Federal Tax Reform write by Michael J. Boskin. This book was released on 1978-01-01. Federal Tax Reform available in PDF, EPUB and Kindle.
Reforming Capital Gains Tax
Reforming Capital Gains Tax - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Reforming Capital Gains Tax write by Stephen Kirchner. This book was released on 2009. Reforming Capital Gains Tax available in PDF, EPUB and Kindle. "Argues for further reform of capital gains tax, building on the approach taken by the Ralph reforms a decade ago. Reform options include a flat tax rate for capital gains, the abolition of minimum holding periods for concessional tax treatment, and the reinstatement of the indexation of capital gains for inflation." - page 2.
The Benefit and The Burden
The Benefit and The Burden - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Benefit and The Burden write by Bruce Bartlett. This book was released on 2012-01-24. The Benefit and The Burden available in PDF, EPUB and Kindle. A thoughtful and surprising argument for American tax reform, arguably the most overdue political debate facing the nation, from one of the most respected political and economic thinkers, advisers, and writers of our time. THE UNITED STATES TAX CODE HAS UNDERGONE NO SERIOUS REFORM SINCE 1986. Since then, loopholes, exemptions, credits, and deductions have distorted its clarity, increased its inequity, and frustrated our ability to govern ourselves. By tracing the history of our own tax system and assessing the way other countries have solved similar problems, Bruce Bartlett explores the surprising answers to all these issues, giving a sense of the tax code’s many benefits—and its inevitable burdens. From one of the most respected political and economic thinkers, advisers, and writers of our time, The Benefit and the Burden is a thoughtful and surprising argument for American tax reform.
