
eBook - ePub
Uneasy Compromise
Problems of a Hybrid Income-Consumption Tax
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
Uneasy Compromise
Problems of a Hybrid Income-Consumption Tax
About this book
Whether the nation would be better served by an income tax or by a consumption tax has been debated by tax experts for decades. In practice, tax systems everywhere are mixed or ""hybrid"" systems. And while legislators have reasons for enacting such systems, the mix results in inequities, inefficiencies, and abuse.
For Uneasy Compromise, Brookings brought together some of the nation's most knowledgeable tax experts and analysts to address the question: How should lawmakers grapple with the problems that arise from the side-by-side existence of principles of consumption taxation with principles of income taxation? Rather than propose rules for an ideal system that will never exist, this book addresses the problems created by a hybrid system. In so doing, it offers policymakers a comprehensive and sophisticated analysis of our current tax system and the tools for evaluating proposed refinements.
For Uneasy Compromise, Brookings brought together some of the nation's most knowledgeable tax experts and analysts to address the question: How should lawmakers grapple with the problems that arise from the side-by-side existence of principles of consumption taxation with principles of income taxation? Rather than propose rules for an ideal system that will never exist, this book addresses the problems created by a hybrid system. In so doing, it offers policymakers a comprehensive and sophisticated analysis of our current tax system and the tools for evaluating proposed refinements.
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Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Uneasy Compromise by Henry J. Aaron,Harvey Galper,Joseph A. Pechman in PDF and/or ePUB format, as well as other popular books in Business & Taxation. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- Introduction
- Lessons from General Equilibrium Models
- A General Equilibrium Analysis of Tax Reform
- Effect of Taxation with International Capital Mobility
- The Cost of Capital and Changes in Tax Regimes
- Should Interest Deductions Be Limited?
- Effects of Taxes on Saving
- Savings Incentives in a Hybrid Income Tax
- Investment Incentives in Theory and Practice
- Indexing the Tax System for Inflation
- Minimum Taxes and Comprehensive Tax Reform
- Conference Participants