This book surveys recent developments in public economics by taking as
a case-study the proposals for a basic income/flat tax scheme. It
discusses various approaches to taxation and presents a framework for
a system that would affect both personal income and the social
security system, replacing the one by a flat-rate income tax and the
other by a guaranteed income. This idea has generated wide interest in
a number of countries, and is being actively discussed by several
political parties. This book explains how these changes would benefit
a wide variety of social groups, leading to a greater redistribution
of income. At the same time, it also raises the question of whether a
single reform can meet the very different objectives of different
supporters. The author reviews different areas of public economics in
which there has been active research in recent years-- namely the
theory of optimum taxation, public choice theory, general equilibrium
analysis of incidence, numerical tax- benefit modelling, and
econometric studies of work incentives--and asks how these contribute
to our understanding of this particular policy reform. He also
indicates the promising directions for future research. The author
does not argue for or against the basic income/flat tax proposal, but
believes it should be on the agenda for any serious discussion of tax
and social security reform for the twenty-first century.
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The Basic Income/Flat Tax Proposal
Produktdetaljer
ISBN
9780191521317
Publisert
2020
Utgiver
Vendor
Clarendon Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter