1 option
From Each According to His Surplus: Equi-Proportionate Sharing of Commodity Tax Burdens / James R. Hines, Jr., John C. Hlinko, Theodore J.F. Lubke.
- Format:
- Book
- Author/Creator:
- Hines, James R, Jr.
- Series:
- Technical Working Paper Series (National Bureau of Economic Research) no. t0138.
- NBER technical working paper series no. t0138
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- From Each According to His Surplus
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1996.
- Summary:
- This paper examines the incidence of commodity taxes, finding that, when demand and marginal cost schedules are linear. the burden of commodity taxation is distributed between buyers and sellers so that each suffers the same percentage reduction on pre-tax surplus. This equiproportionate reduction in surplus is the outcome of commodity taxes set at any rate, and is unaffected by relative demand and supply elasticities. Hence, when demand and marginal cost schedules are linear, commodity taxes resemble flat-rate taxes imposed on market surplus. Similar results apply to nonlinear schedules with certain ranges.
- Notes:
- Print version record
- April 1996.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.