Taxation of rent-seeking activities

• 成果类型: Article
• 署名作者: Glazer, A; Konrad, KA
• 署名单位: University of California System; University of California Irvine; Free University of Berlin
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/S0047-2727(98)00084-X
• 发表日期: 1999
• 页码: 61-72
• 关键词: rent seeking; Profit taxation; burden-free taxes

摘要

We consider taxes on firms which engage in rent-seeking contests. The taxes can be on realized profits or on rent-seeking expenditures. The prize can be awarded to either the highest bidder, or to a firm with probability proportional to its share of total spending on lobbying. We find the conditions under which taxes do not reduce rent-seeking effort, generate tax revenue with no tax burden, and cause no reduction in the profits of firms. (C) 1999 Elsevier Science S.A. All rights reserved.