This paper considers the role of global environmental taxes both as instruments for improving the global environment and as a source of revenue for funding economic development. It reviews the general case for environmental taxes and the particular issues that arise for the adoption of such taxes in an international setting without a single jurisdiction. It also discusses the possibilities for ...

income taxes is approximately $1.565 million, implying an aggregate annual compliance cost of over $2 billion. As a fraction of revenue raised, these compliance costs are lower than estimates that have been made for the individual income tax. The cost-to-revenue ratio is higher for state corporate tax systems than it is for the federal tax system, presumably reflecting the nonuniformity of stat...

Most studies suggest that environmental taxes are regressive, and thus are unattractive policy options. We consider the distributional effects of a gasoline tax increase using three welfare measures and under three scenarios for gas tax revenue use. To incorporate behavioral responses we use Consumer Expenditure Survey data to estimate a consumer demand system that includes gasoline, other good...

We provide a model for analyzing effects of the tax system and spending programs on the determination of government spending and taxpayer welfare. An improvement in the efficiency of either taxes or spending would reduce political pressure for suppressing the growth of government and thereby increase total tax revenue and spending. We demonstrate the similarity of the political responses to rev...

China has more than 320 million smokers, which accounts for nearly one-third of the smokers in the world. Almost two-thirds of adult males are smokers. On the other hand, tobacco production is a state-run enterprise that has provided substantial earnings and tax revenue for the government. This paper addresses this policy dilemma by analyzing the impact of an additional cigarette tax on the ent...

Following through on pledges made during his election campaign, President Bush proposed and Congress passed a substantial tax cut in 2001, the Economic Growth and Tax Relief Reconciliation Act (EGTRRA). Much has been written about the size of the tax cut, its impact on the federal budget, its distributional consequences, and its short-run macroeconomic impact. There has been less focus on EGTRR...

We construct a general equilibrium trade model of a two-class small open host or source country. Government consumption tax or tariff revenue finances either the provision of an imported public consumption good or income transfers. Within this framework, among other things, under plausible assumptions, we show the following: When consumption tax revenue finances the provision of a public good, ...

Abstract: Despite the public attention on the threat to sales and use tax revenues from electronic commerce, details on the current impact are limited. In this paper, the state and local sales tax bases in Florida are examined for an e-commerce effect. The data indicate strong revenue growth across much of the state and some anecdotal evidence that high-profile sales categories, with strong com...

More than 320 million people in China smoke, which accounts for nearly one-third of all the smokers in the world. Almost two-thirds of adult Chinese men are smokers. On the other hand, tobacco production is a state-run enterprise that provides substantial earnings and tax revenue for the government. This paper addresses this policy dilemma by analyzing the impact of an additional cigarette tax ...