Question: Suppose the current corporate income tax in the United States
Suppose the current corporate income tax in the United States is replaced with a general equal-yield consumption-type VAT. What would the impact of such a tax reform be for labor markets and capital markets? What is the likely differential incidence of such a substitution?
Answer to relevant QuestionsThe proportion of the population over 65 has been increasing and is expected to increase further. How does an aging population affect a state government's expenditures? Which state programs are expected to cost more as the ...Instead of using regulations to achieve the 20 percent reduction in emissions discussed in the preceding problem, suppose the EPA requires each of the five emitters to pay a fee of $450 for each ton of sulfur dioxide it ...Suppose a proposed new road to be constructed in North Carolina between Raleigh and Morehead City will lower the average cost per trip by car from $5 to $4. Currently, 500,000 trips are made between the two cities per year. ...The annual return to savings is currently $100 billion per year in a certain nation. The estimated value of wealth in the nation is $1 trillion. Calculate the percentage gross return to savings. Assuming that the supply of ...Municipal zoning laws often are used as a means of controlling the population and income levels of citizens in a political jurisdiction. How can zoning laws that require homes to be built on a minimum lot size of one acre ...
Post your question