HANDBOOK OF LAW AND ECONOMICS, Polinksy, Shavell, eds., Elsevier, Forthcoming
118 Pages Posted: 31 Jul 2006
This Handbook entry presents a conceptual, normative overview of the subject oftaxation. It emphasizes the relationships among the main functions of taxation - notably, raisingrevenue, redistributing income, and correcting externalities - and the mapping between thesefunctions and various forms of taxation. Different types of taxation as well as expenditures ontransfers and public goods are each integrated into a common optimal tax framework with theincome tax and commodity taxes at the core. Additional topics addressed include a range ofdynamic issues, the unit of taxation, tax administration and enforcement, and tax equity.
JEL Classification: H00, H20, H21, H23, H24, H26,H41, H43, H53, H55
Suggested Citation: Suggested Citation
Kaplow, Louis, Taxation. Harvard Law and Economics Discussion Paper No. 542; HANDBOOK OF LAW AND ECONOMICS, Polinksy, Shavell, eds., Elsevier, Forthcoming. Available at SSRN: https://ssrn.com/abstract=921424
By Jinyan Li
By Diane Ring