From optimal tax theory to tax policy : retrospective and prospective views / Robin Boadway.

Format:

Book

Author/Creator:

Boadway, Robin W., 1943-

Series:

Munich lectures in economics.

Munich lectures in economics

Language:

English

Subjects (All):

Taxation.

Fiscal policy.

Physical Description:

1 online resource (301 p.)

Place of Publication:

Cambridge, Mass. : MIT Press, ©2012.

Language Note:

English

Summary:

Many things inform a country's choice of tax system, including political considerations, public opinion, bureaucratic complexities, and ideas drawn from theoretical analysis. In this work, Robin Boadway examines the role of optimal tax analysis in informing and influencing tax policy design.

Contents:

Introduction

From tax theory to policy : an overview

Landmarks of optimal tax theory

The evolution of policy and advice

Challenges for the theory of tax policy

Commitment

Heterogeneity of individual utility functions

Behavioral issues

Responsibility and compensation

Political economy

Optimal analysis versus reform analysis

Summary of lessons for tax policy

Policy lessons from optimal tax theory

Uniformity of commodity taxes

The Corlett-Hague theorem

The Atkinson-Stiglitz theorem

Production efficiency : implications and caveats

Capital taxation and the personal tax base

Linear taxation in a dynamic setting

Nonlinear taxation in a dynamic setting

The issue of progressivity

Asymmetric information and market failure

Policy lessons from normative analysis

Relaxing the second-best constraints

The use of supplementary policy instruments

Making use of, and acquiring, more information

Conclusions

Challenges for second-best analysis

Fundamentals of the standard approach

The commitment issue

Heterogeneous preferences and utility

Concluding comments.

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

OCLC-licensed vendor bibliographic record.

ISBN:

0-262-30093-1

1-280-49903-6

9786613594266

0-262-30168-7

OCLC:

776202124

Publisher Number:

9786613594266