The Most Successful Tax Reform in History
October 28, 2013
Tax Notes, Vol. 141, No. 4, 2013
This article reviews the experience of the Shoup Mission to Japan, led by Columbia University economist Carl S. Shoup, in 1949. The bulk of its recommendations were enacted and gave Japan one of the best tax systems in the world, which laid the foundation for exceptional economic growth for the next 40 years.
Number of Pages in PDF File: 3
Keywords: Carl Shoup, Douglas MacArthur, Shoup Mission, Japan, Stanley Surrey
JEL Classification: H20, K34
Date posted: November 3, 2013