Simulating Progressive Expenditure Taxation in an Aging Japan
This chapter investigates the effects of tax reform from progressive labor income taxation toward progressive expenditure taxation, on capital accumulation, and intragenerational income redistribution. The simulation model used in this chapter is fundamentally the same as that in the previous chapter. The role of progressive expenditure taxation is studied in this chapter, and a concrete method for the implementation of this new type of tax regime is also discussed.
KeywordsLabor Supply Labor Income Public Pension Income Class Elastic Labor Supply
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