Progressive taxation of extractive resources as second-best optimal policy /
Saved in:
Author / Creator: | Wen, Jean-François, author. |
---|---|
Imprint: | Washington, D.C. : International Monetary Fund, 2018. |
Description: | 1 online resource (32 pages) |
Language: | English |
Series: | IMF working paper ; WP/18/130 IMF working paper ; WP/18/130. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12508187 |
Table of Contents:
- Cover; Contents; I. Introduction; II. Purposes of Progressivity; A. Equity; B. Flexibility and Stability; III. A Different Perspective; IV. Decomposing Non-Neutral Taxes into a Rent Tax and a Factor Tax; A. Rent Tax; B. Factor Tax; C. Royalties; D. Profit Tax; V. Progressive Profit Tax Rates; A. Royalty and Profit Tax; B. Firm's Behavior with Distortionary Taxes; C. Progressivity of the Profit Tax; D. Binding Constraint: T(p) = V(p); E. Non-Binding Constraint: T(p) <V(p); F. Implications for Average Tax Rate Progressivity; VI. Practical Implications; VII. Conclusions; References