A Macroeconomic Perspective on Border Taxes∗
نویسنده
چکیده
e debate on corporate tax reform in the U.S. have included arguments for a ‘border adjustment tax’ that would eectively raise the tax on imported inputs and provide a subsidy to exports. is policy is equivalent to other uniform border taxes such as a combined import tari and export subsidy and a uniform value added tax and payroll subsidy. In this note I argue that contrary to popular arguments such taxes are not neutral both in the short-run and in the long-run and have signicant consequences for international trade.
منابع مشابه
Mobility Should Be Fun. A Consumer (Law) Perspective on Border Check Technology
After 9/11, states looked at transportation as if it was a matter of paying taxes: "We cannot make it fun, but we can make it efficient." When traveling, we are asked to pass on data, give body samples, and pass through body scanners in the name of the general interest and in the name of our safety. Technology complements existing human checks and controls. Here we take a fresh look at the new ...
متن کاملFood Taxes: A New Holy Grail?
In an effort to reduce the growing prevalence of overweight and obesity, food taxes have been introduced in several European countries, the so-called ‘obesitax’. As yet little evidence is at hand, policy measures are being taken to counterweight the consumption of unhealthy food or the increasing diet-related diseases. Several questions need to be discussed, starting from a general perspective:...
متن کاملThe Impact of Taxes on Trade Competitiveness
Few macroeconomic studies exist on the effects of taxes on international trade. Our hypothesis is that higher tax rates raise a country’s production costs, leading to a decrease in exports in the long run. With panel data for 25 OECD countries, we use average effective tax rates on consumption, labor income and capital income to examine their impact on bilateral trade. We find that that all thr...
متن کاملCarbon and energy taxes in a small and open country
Malaysia, as a small and developing country, must reduce carbon emissions because the country is one of the top CO2-emitting countries in the ASEAN region. Therefore, the current study implements two environmental tax policies; carbon and energy taxes, in order to examine the impacts of these policies on the reduction of carbon emission in the whole of the economy by applying a compu...
متن کاملSoda Taxes: The Importance of Analysing Policy Processes; Comment on “The Untapped Power of Soda Taxes: Incentivising Consumers, Generating Revenue, and Altering Corporate Behaviours”
Sarah A. Roache and Lawrence O. Gostin’s recent editorial comprehensively presents soda taxation rationales from a public health perspective. While we essentially agree that soda taxes are gaining momentum, this commentary expands upon the need for a better understanding of the policy processes underlying their development and implementation. Indeed, the umbrella concept of soda taxation actual...
متن کامل