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Distributional Effects of Tax Reforms in Japan : Micro-simulation Approach / Takuma Hisanaga.

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Format:
Book
Government document
Author/Creator:
Hisanaga, Takuma.
Series:
IMF Working Papers; Working Paper ; No. 2022/150
IMF Working Papers
Language:
English
Physical Description:
1 online resource (35 pages)
Other Title:
Distributional Effects of Tax Reforms in Japan
Place of Publication:
Washington, D.C. : International Monetary Fund, 2022.
Summary:
This paper conducts micro-simulations to study the distributional effects of several tax measures in Japan, considering households’ heterogeneity in terms of both income and wealth. Simulation results suggest that increasing the consumption tax rate and strengthening the recurrent tax on immovable property would weigh more heavily on low-income households with large wealth than on those of comparable incomes with small wealth, and that introduction of a consumption tax credit would be effective in containing a rise in tax burden of low-income households.
Notes:
Description based on print version record.
ISBN:
9798400215520

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