Tax and non-tax distortions

• 成果类型: Article
• 署名作者: Kaplow, L
• 署名单位: Harvard University; National Bureau of Economic Research
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/S0047-2727(97)00092-3
• 发表日期: 1998
• 页码: 303-306
• 关键词: taxation; distortion; regulation

摘要

Measurements of the distortionary cost of labor income taxation generally assume that there are no other distortions. Browning (1994) identifies many pre-existing distortions, argues that such distortions reduce wages below the social value of labor's marginal product, and concludes that the marginal welfare cost of labor income taxation is substantially higher than suggested by previous estimates. The primary type of distortion Browning analyzes, however, has no direct effect on the marginal distortionary cost of labor income taxation. (C) 1998 Elsevier Science S.A.