Ironing Out the Flat Tax
University of Chicago Law School, John M. Olin Law & Economics Working Paper No. 79
87 Pages Posted: 8 Aug 1999
There are 2 versions of this paper
Ironing Out the Flat Tax
Date Written: August 1999
Abstract
One of the major claims of the promoters of the Flat Tax is that it would be simple to administer. Yet to date, no details of the design have been offered, which makes evaluation of the administrative costs difficult. This paper attempts to fill in the gap by considering the design issues presented by the Flat Tax. A wide variety of issues are considered, including the Flat Tax taxation of financial transactions, business formations and reorganizations, small businesses, accounting methods, and international transactions. The major finding of this paper is that there would be significant administrative difficulties in implementing the regime. Even with significant administrative difficulties, however, the regime would most likely be simpler than current law in many respects.
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
The Distribution of Payroll and Income Tax Burdens, 1979-1999
By Andrew Mitrusi and James M. Poterba
-
The Humpty Dumpty Blues: Disaggregation Bias in the Evaluation Of Tax Systems
-
Statistical, Identifiable and Iconic Victims and Perpetrators
By George Loewenstein, Deborah Small, ...
-
Framing and Taxation: Evaluation of Tax Policies Involving Household Composition
-
Tax Policy Design in the Presence of Social Preferences: Some Experimental Evidence
By Lucy F. Ackert, Jorge Martinez-vazquez, ...