Nunns, Jim
Effects of a federal value - added tax on state and local government budgets / Jim Nunns and Eric Toder .-- , 2017
Disponible también en línea a través de la Biblioteca del Instituto de Estudios Fiscales. Resumen. Conclusión. Bibliografía.
A long standing concern of state and local governments is that a federal value-addedtax (VAT) could severely limit their reliance on sales taxes. But a federal VAT could have even larger effects on revenues from other sources and on spending through changes in incomes, relative prices, and asset values.To provide the plausible range of budgetary effects, we examine both a narrow- and comprehensive-based VAT, with consumer prices fully adjusting and not changing, over both short- and long-runtime horizons. We find that the plausible range of effects includes an improvement in the fiscal position of states and localities.
IMPUESTO SOBRE EL VALOR AÑADIDO
HACIENDAS LOCALES
HACIENDAS REGIONALES
PRESUPUESTOS
ESTADOS UNIDOS
Toder, Eric Jay
National tax journalv. 70, n. 3, September 2017, p. 515-548
Effects of a federal value - added tax on state and local government budgets / Jim Nunns and Eric Toder .-- , 2017
Disponible también en línea a través de la Biblioteca del Instituto de Estudios Fiscales. Resumen. Conclusión. Bibliografía.
A long standing concern of state and local governments is that a federal value-addedtax (VAT) could severely limit their reliance on sales taxes. But a federal VAT could have even larger effects on revenues from other sources and on spending through changes in incomes, relative prices, and asset values.To provide the plausible range of budgetary effects, we examine both a narrow- and comprehensive-based VAT, with consumer prices fully adjusting and not changing, over both short- and long-runtime horizons. We find that the plausible range of effects includes an improvement in the fiscal position of states and localities.
IMPUESTO SOBRE EL VALOR AÑADIDO
HACIENDAS LOCALES
HACIENDAS REGIONALES
PRESUPUESTOS
ESTADOS UNIDOS
Toder, Eric Jay
National tax journalv. 70, n. 3, September 2017, p. 515-548