The Challenge of Tax Reform and Expanding the Tax Base Geary Lecture - 2009

We show that when the local business property tax is composed of mobile capital and immobile land, the local business property tax rates increases when the share of capital decreases

The fact that this social evaluation technique suggests that basic income flat tax schemes are the most socially desirable redistribution mechanisms reinforces the results obtained in

In sum, these periods of stability are characterised by the fact that the elasticity of expectations is less than one (J. In this Keynesian vision, periods of instability

The EU Commission has officially released on the 7th of October 2010 an official communication which recommends a Financial Transaction Tax (FTT) at global level

Hence, we have shown that (i) an increase of the environmental tax deteriorates the welfare of all and is regressive, (ii) the low paid workers prefer an environmental tax

Assume that 2 , the variance of income risk ", is small. It may perhaps help intuition to underline that, other things equal, the tax rate is: a decreasing function of

Proposition 2 If the productivity distribution is Pareto unbounded, the government has maximin preferences and agents have a utility function that is either quasi-linear in

Address: Universit` a Cattolica del Sacro Cuore, Department of Economics and Finance - Largo Gemelli, 1 - 20123 Milano, Italy. Claudio Lucifora is also research fellow