00000nam 2200000za 4500 9.862872 CaOODSP 20221107161133 cr ||||||||||| 181005s1986 oncd||| o f000 0 eng d CaOODSP eng eng fre n-cn--- EC22-3/1986-308E-PDF Daly, Michael J., 1949- The role of tax-deductible saving in the transition from a progressive income tax to a progressive consumption tax [electronic resource] / by Michael J. Daly, Gary J. Lastman, and Fadle Naqib. Ottawa : Economic Council of Canada, 1986. vii, 36 p. Discussion paper ; no. 308 "June 1986." Digitized edition from print [produced by the Publishing and Depository Services Directorate]. Includes bibliographic references. "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. Includes abstract in French. gccst Taxes gccst Income tax Consumption tax Lastman, Gary J. Naqib, Fadle, 1943- Economic Council of Canada. Discussion paper (Economic Council of Canada) no. 308 (CaOODSP)9.855540 PDF 3.44 MB https://publications.gc.ca/collections/collection_2018/ecc/EC22-3-1986-308-eng.pdf