This paper takes stock of the existing literature on taxation and presents a framework to evaluate the impacts of tax policy reforms from the perspectives of progressivity and social welfare.It applies this framework ...This paper takes stock of the existing literature on taxation and presents a framework to evaluate the impacts of tax policy reforms from the perspectives of progressivity and social welfare.It applies this framework to examine two tax reforms in China and finds that(i)the abolition of the regressive agricultural tax in 2005 has significantly improved the social welfare of rural residents;(ii)the increase in the income tax thresholds in 2011 increased progressivity but reduced the overall income tax share of total taxation.When the majority of the taxpayers are in the lower tax bracket,progressivity has little real impact in improving income distribution.展开更多
This article addresses the tax progressivity decision of a rent-maxi-mising government under the circumstances that voters’percep-tions of the tax price of public goods are biased by cognitive anomalies(i.e.fiscal il...This article addresses the tax progressivity decision of a rent-maxi-mising government under the circumstances that voters’percep-tions of the tax price of public goods are biased by cognitive anomalies(i.e.fiscal illusion)and that the electorate opts for re-appointing or for dismissing the incumbent according to a retro-spective voting logic.Given electoral and constitutional constraints,we show that the design of the tax system can be sensibly affected by fiscal illusion within the population of voters.Specifically,we find that(i)the tax system is more(less)progressive when taxes and public expenditures are perceived less(more),and(ii)an increase in the median voter’s income may positively or negatively affect tax progressivity depending on the nature(pessimistic or optimistic)of fiscal illusion.The impact of fiscal illusion on tax pro-gressivity has been validated by econometric analysis.展开更多
In order to adapt to market changes,speed up adjustment and transition&upgrading of mining industry structure,on November 29,the Ministry of Land and Resources joined the National Development and Reform Commission...In order to adapt to market changes,speed up adjustment and transition&upgrading of mining industry structure,on November 29,the Ministry of Land and Resources joined the National Development and Reform Commission,the Ministry of Industry and Information Technology,the Ministry of Finance,the Ministry of Environmental Protection,and the Ministry of Commerce。展开更多
基金the support from "Research on establishment of relative poverty standards in rural and urban China"flinded by the National Social Science Foundation of China(No.20CSH062).
文摘This paper takes stock of the existing literature on taxation and presents a framework to evaluate the impacts of tax policy reforms from the perspectives of progressivity and social welfare.It applies this framework to examine two tax reforms in China and finds that(i)the abolition of the regressive agricultural tax in 2005 has significantly improved the social welfare of rural residents;(ii)the increase in the income tax thresholds in 2011 increased progressivity but reduced the overall income tax share of total taxation.When the majority of the taxpayers are in the lower tax bracket,progressivity has little real impact in improving income distribution.
文摘This article addresses the tax progressivity decision of a rent-maxi-mising government under the circumstances that voters’percep-tions of the tax price of public goods are biased by cognitive anomalies(i.e.fiscal illusion)and that the electorate opts for re-appointing or for dismissing the incumbent according to a retro-spective voting logic.Given electoral and constitutional constraints,we show that the design of the tax system can be sensibly affected by fiscal illusion within the population of voters.Specifically,we find that(i)the tax system is more(less)progressive when taxes and public expenditures are perceived less(more),and(ii)an increase in the median voter’s income may positively or negatively affect tax progressivity depending on the nature(pessimistic or optimistic)of fiscal illusion.The impact of fiscal illusion on tax pro-gressivity has been validated by econometric analysis.
文摘In order to adapt to market changes,speed up adjustment and transition&upgrading of mining industry structure,on November 29,the Ministry of Land and Resources joined the National Development and Reform Commission,the Ministry of Industry and Information Technology,the Ministry of Finance,the Ministry of Environmental Protection,and the Ministry of Commerce。
