Temporary Income Taxes and Consumer Spending

Gasoline Taxes and Consumer Behavior

Gasoline taxes can correct externalities associated with automobile use, reduce dependency on foreign oil, and raise government revenue. Our understanding of the optimal gasoline tax and the efficacy of existing taxes is largely based on empirical analysis of consumer responses to gasoline price changes. In this paper, we directly examine how gasoline taxes affect consumer behavior as distinct ...

Debt, Delinquencies, and Consumer Spending

Analysts forecasting the course of the U.S. economy pay close attention to consumer spending. Because personal consumption expenditures make up about twothirds of the country’s gross domestic product, factors that could influence consumer spending can have significant effects on the economy’s health. Among these factors, the sharp increase of household indebtedness and the rising share of incom...

Migration and optimal income taxes.

The issue addressed in this paper is the optimal taxation of incomes earned tn the home economy, and of incomes earned abroad, when people can migrate. As a preliminary, the optimal taxation of home incomes when there is migration and no taxation of foreign incomes, is discussed. Then in a more general setting, we deal with optimal taxation of different kinds of labour when another kind of labo...

Dividend taxes and income shifting

This paper analyzes whether a dividend tax cut for owner–managers of closely held corporations encourages income shifting, income generation, or both. We use rich, micro data from Sweden for the period 2000–2011 comprising the entire Swedish population, as well as firmand individual-level data for all owner–managers in closely held corporations, partnerships, and self-employed. We find robust e...

Interaction Of Income Distribution, Taxes And Economic Growth