OBJECTIVES To model the impact on chronic disease of a tax on UK food and drink that internalises the wider costs to society of greenhouse gas (GHG) emissions and to estimate the potential revenue. DESIGN An econometric and comparative risk assessment modelling study. SETTING The UK. PARTICIPANTS The UK adult population. INTERVENTIONS Two tax scenarios are modelled: (A) a tax of £2.72/t...

BACKGROUND The tobacco industry claims that illicit trade in cigarettes has increased sharply since the 1990s and that government has lost substantial tax revenue. OBJECTIVES (1) To determine whether cigarette excise tax revenue has been below budget in recent years, compared with previous decades. (2) To determine trends in the size of the illicit market since 1995. METHODS For (1), mean p...

OBJECTIVE To investigate, in the Republic of Korea, whether local governments' participation in an anti-smoking programme supported by the National Health Promotion Fund in 2002-2003 was related to the percentage of local tax revenue comprised by the tobacco consumption tax (TCT). METHODS Using financial and administrative data on 163 municipalities, the authors estimated logit models of loca...

To cite: van Walbeek C. Tob Control Published Online First: [please include Day Month Year] doi:10.1136/tobaccocontrol2013-051178 ABSTRACT Background The tobacco industry claims that illicit trade in cigarettes has increased sharply since the 1990s and that government has lost substantial tax revenue. Objectives (1) To determine whether cigarette excise tax revenue has been below budget in rece...

Professor of Agricultural Economics, Purdue University ewer than ten states tax the assessed value of business inventories as part of the property tax; Indiana is one of them. For years businesses have pressed the Indiana legislature to reduce or repeal this "inventory tax," but a concensus on its eradication has yet to be reached. Most recently, the 1999 session of the Indiana General Assembly...

Do corporate inversions cost the US Treasury billions of dollars in tax revenue, justifying legislative responses and even strong-arming corporations from moving their tax domicile abroad? We show that corporate inversions not only do not appear to reduce, but, paradoxically, are even likely to increase tax collections by the US Treasury. JEL classification: M40, G34, H25, F23

Taxes have major costs beyond the collected revenue: deadweight from distorted incentives, compliance and enforcement costs, etc. A simple market mechanism, the Equity Tax, avoids these problems for the trickiest cases: corporate, dividend, and capital gains taxes. It exploits the ability of the share prices to reflect the expected true annual return (as perceived by investors, not as defined b...

Taxes have major costs beyond the collected revenue: deadweight from distorted incentives, compliance and enforcement costs, etc. A simple market mechanism, the Equity Tax, avoids these problems for the trickiest cases: corporate, dividend, and capital gains taxes. It exploits the ability of the share prices to reflect the expected true annual return (as perceived by investors, not as defined b...

When there is tax evasion, increased randomness about how much taxable income an auditor would assess generally leads to higher reported income and more revenue. When reducing randomness is costly, optimality requires some randomness in assessed taxable income. Even if reducing randomness is costless, taxpayers may prefer some randomness when the increased revenue can be rebated, so that the go...