The role of tax-deductible saving in the transition from a progressive income tax to a progressive consumption tax / by Michael J. Daly, Gary J. Lastman, and Fadle Naqib.: EC22-3/1986-308E-PDF
"This paper examines the steady state and transition effects of converting from a graduated income (y) tax to a graduated consumption (c) tax. Our simulation results suggest that considerable dynamic efficiency gains could be achieved by switching to a graduated c-tax, where all saving is tax deductible. An alternative (r) tax system, permitting both tax-deductible and nontax-deductible saving, is also examined. It is shown that not only is such a tax system a feasible way of implementing a progressive c-tax, but also an r-tax without any limits on tax-deductible saving could be more efficient than even a progressive c-tax in a steady state"--Abstract, p. v.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.862872&sl=0
| Department/Agency |
|
|---|---|
| Title | The role of tax-deductible saving in the transition from a progressive income tax to a progressive consumption tax / by Michael J. Daly, Gary J. Lastman, and Fadle Naqib. |
| Series title |
|
| Publication type | Monograph - View Master Record |
| Language | [English] |
| Format | Digital text |
| Electronic document | |
| Note(s) |
|
| Publishing information |
|
| Author / Contributor |
|
| Description | vii, 36 p. |
| Catalogue number |
|
| Subject terms |
Request alternate formats
To request an alternate format of a publication, complete the Government of Canada Publications email form. Use the form’s “question or comment” field to specify the requested publication.Page details
- Date modified: