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Who bears the lifetime tax burden?

Author: Don Fullerton; Diane Lim Rogers
Publisher: Washington, D.C. : Brookings Institution, ©1993.
Edition/Format:   Book : EnglishView all editions and formats
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Additional Physical Format: Online version:
Fullerton, Don.
Who bears the lifetime tax burden?
Washington, D.C. : Brookings Institution, c1993
(OCoLC)654203834
Document Type: Book
All Authors / Contributors: Don Fullerton; Diane Lim Rogers
ISBN: 0815729928 9780815729921 0815729936 9780815729938
OCLC Number: 27223661
Description: xiii, 246 p. : ill. ; 24 cm.
Contents: 1. Introduction and Summary. Two Approaches to Tax Incidence. The Theory of Tax Incidence. Empirical Work on Tax Incidence. Comparing Annual and Lifetime Perspectives. The Measure of Lifetime Income. A Description of the Model. A Summary of Results --
2. Theoretical Basis of the Lifetime Incidence Model. The Consumption Side. The Production Side. Government. International Trade. Treatment of Taxes. Equilibrium Conditions and Computational Procedure. Calculating Tax Incidence --
3. Data Sources. Model Dimensions. Consumer Data. Industry Data. Government and Trade Data --
4. Determination of Lifetime Incomes. Data. Initial Fixed-Effect Regressions. Determination of Lifetime Incomes and Their Distribution. Characteristics and Profiles by Lifetime Income Category. Lifetime Distributional Effects of Government Programs. Conclusion --
5. Consumption Patterns by Age. The Linear Expenditure System. The Consumer Expenditure Survey. Aggregation for Detailed Expenditures. Corrections of Underreporting. Econometric Procedure. Parameters of the Linear Expenditure System --
6. Calibrating Parameters and Adjusting the Data Set. Obtaining a Consistent Data Set. Calibration of Other Parameters --
7. Simulations and Results. Tax Parameters for Each Simulation. The Benchmark as a Basis of Comparison. Counterfactual Results Compared to the Benchmark. Lifetime Tax Incidence under Standard Parameters. The Uniform Consumption Tax Replacement --
8. Sensitivity Analysis. Utility Parameters. Other Specifications. What We Learn from Sensitivity Calculations --
9. Evaluation of Policy Reforms. The Tax Reform Act of 1986. Corporate Tax Integration. Value-Added Taxation.
Responsibility: Don Fullerton, Diane Lim Rogers.

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