This paper introduces “capital ownership neutrality” (CON) and “national ownership neutrality” (NON) as benchmarks for evaluating the desirability of international tax reforms, and applies them to analyze recent U.S. tax reform proposals. Tax systems satisfy CON if they do not distort the ownership of capital assets, which promotes global efficiency whenever the productivity of an investment di...

The Medical Journal of Australia ISSN: 0025729X 3 May 2010 192 9 1-2 ©The Medical Journal of Australia 2010 www.mja.com.au Viewpoint power are, at best, overstated. Although the Comm greater fiscal power and can ensure stable, long-ter would be better to reform the tax system to meet th health system than compromise health care delivery antiquated tax system. As noted in two articles i (recentl...

This paper examines the macroeconomic effects of an environmental tax reform in a growing economy. A model of endogenous growth based on human capital accumulation is used to numerically simulate the growth effects of different enironmental tax reforms and compute their impact on welfare in the short and the long-term. Our results suggest that the magnitude of these effects depends on the type ...