MARC Record from Library of Congress

LEADER: 02010cam a22002897a 4500
001 2005615707
003 DLC
005 20050202154537.0
007 cr |||||||||||
008 050113s2004 mau sb 000 0 eng
010 $a 2005615707
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aKaplow, Louis.
245 10 $aOn the undesirability of commodity taxation even when income taxation is not optimal$h[electronic resource] /$cLouis Kaplow.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2004.
490 1 $aNBER working paper series ;$vworking paper 10407
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 1/13/2005.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"An important result due to Atkinson and Stiglitz (1976) is that differential commodity taxation is not optimal in the presence of an optimal nonlinear income tax (given weak separability of utility between labor and all consumption goods). This article demonstrates that their conclusion holds regardless of whether the income tax is optimal. In particular, given any commodity tax and income tax system, differential commodity taxation can be eliminated in a manner that results in a Pareto improvement. Also, differential commodity taxation can be proportionally reduced so as to generate a Pareto improvement. In addition, for commodity tax reforms that do not eliminate or proportionally reduce differential taxation, a simple efficiency condition is offered for determining whether a Pareto improvement is possible"--National Bureau of Economic Research web site.
650 0 $aTaxation of articles of consumption$xEconometric models.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 10407.
856 40 $uhttp://papers.nber.org/papers/W10407