Charles E. Mclure, George R. Zodrow

Fiscal Policy in Action Consumption-based Direct Taxes: A Guided Tour of the Amusement Park

Section: Articles
FinanzArchiv (FA)

Volume 63 () / Issue 2, pp. 285-307 (23)

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Although consumption-based direct taxation has long been advocated in academic and policy circles, very few countries have actually implemented such taxes. This article provides an overview of alternative approaches to direct consumption taxation and examines arguments favoring consumption taxes over income taxes. It then describes and analyzes efforts at ''fundamental tax reform'' involving replacing an income tax with a consumption tax in the United States and in several developing countries and countries in transition from socialism in which the authors have been involved.

Charles E. Mclure No current data available.

George R. Zodrow No current data available.