Journal ArticleDOI
Income tax reform in France: a case study
TLDR
In this article, the authors calibrate the graduated income tax system currently in place in France while assuming that the number of earning-ability types in the economy are four and compute the optimal linear and nonlinear income tax schedules for this economy.Abstract:
This paper calibrates the graduated income tax system currently in place in France while assuming that the number of earning-ability types in the economy are four. It also computes the optimal linear and nonlinear income tax schedules for this economy. Its main …nding is that while an optimal linear income tax is (in most scenarios) welfare superior to the current tax system, the welfare gain may be small. On the other hand, an optimal general income tax leads to substantial welfare gains over the present system. JEL classi…cation: H21read more
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Journal ArticleDOI
Effects of carbon tax on social welfare: A case study of China
Zi-yue Chen,Pu-yan Nie +1 more
TL;DR: In this article, the authors established a social optimal welfare model that based on oligopoly competition of energy department and calculated the substitution elasticity of factors in China's energy sectors, non-energy department and consumption preference in domestic energy and nonenergy commodities.
Journal ArticleDOI
Hold or Sell? How Capital Gains Taxation Affects Holding Decisions
TL;DR: In this paper, the authors investigate the impact of capital gains taxation on exit timing under different tax systems and identify the breakeven exit time that guarantees present values exceeding those of an immediate sale.
Journal ArticleDOI
Hold or sell? How capital gains taxation affects holding decisions
TL;DR: In this article, the authors investigate the impact of capital gains taxation on exit timing under different tax systems and identify the breakeven exit time that guarantees present values exceeding those of an immediate sale.
References
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Posted Content
Optimal Income Transfer Programs: Intensive Versus Extensive Labor Supply Responses
Emmanuel Saez,Emmanuel Saez +1 more
TL;DR: In this article, the authors investigated the optimal income transfer problem at the low end of the income distribution and derived optimal tax formulas as a function of the behavioral elasticities, the shape of income distribution, and the redistribution tastes of the government.
Posted Content
Using Elasticities to Derive Optimal Income Tax Rates
TL;DR: In this paper, the authors derived optimal income tax formulas using compensated and uncompensated elasticities of earnings with respect to tax rates, and implemented these formulas numerically using empirical earnings distributions and a range of realistic elasticity parameters.
ReportDOI
Using Elasticities to Derive Optimal Income Tax Rates
TL;DR: In this paper, the authors derived optimal income tax formulas using compensated and uncompensated elasticities of earnings with respect to tax rates, and implemented these formulas numerically using empirical earning distributions and a range of realistic elasticity parameters.
Journal ArticleDOI
Optimal Income Transfer Programs: Intensive versus Extensive Labor Supply Responses
TL;DR: In this article, optimal income transfers for low incomes are analyzed along the intensive margin (intensity of work on the job) and along the extensive margin (participation into the labor force).
Book
The Flat Tax
Robert E. Hall,Alvin Rabushka +1 more
TL;DR: The flat tax concept was first proposed by Hall and Rabushka as mentioned in this paper, and has since been adopted by six states-Colorado, Illinois, Indiana, Massachusetts, Michigan, and Pennsylvania-and several countries around the world.