Questions tagged [tax]

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49 views

Do taxes affect the money supply?

When the government taxes, it is taxing the rich, who don't spend. When it spends, most of it goes to healthcare, which does to drugs, insurance, investment, and other activities that don't create ...
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32 views

How do increasing tax rate helps control inflation? [closed]

Also, do the opposite that is lowering tax rate controls deflation?
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32 views

Is there a mathematical relationship between availability of land and real estate prices?

I’ve seen politicians, activists, think tanks etc proposing a (kind of) land value/property tax for ending speculative land hoarding. They say that builders hoard land and create artificial scarcity ...
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How do I convert (this OECD data of) median disposable income to pre-tax income?

I want to convert the "Median disposable income (current prices)" found in the link below to Median pre-tax income (current prices). How do I do so? Are there for example any appropriate ...
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29 views

Effect of a quantity tax in perfectly competitive market (Intermediate microeconomics)

Been stuck on this past paper question for quite some time. Doing my head in and going around in circles trying lots of different approaches... Perfectly competitive market. $C(𝑦) = (0.5)y^2 + 40𝑦 + ...
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1answer
45 views

How does demand curve for labor change when there is a proportional payroll tax on employer

In the textbook "Borjas, G.J. Labor economics." (Boston, Mass.; London: Irwin/McGraw-Hill, 2009) fifth edition [ISBN 9780070172708]. Below is a screenshot of the example of payroll tax of 1 ...
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World Bank and OECD statistics unmatch tax revenue as % of GDP

I have been looking for statistics on tax revenue to GDP ratio of different countries. I've found it on World Bank website. https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS?view=chart which ...
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1answer
110 views

Dead Weight Loss (Tax)

Problem Given demand $D(p)=A-ap$, and $A,a>0$ and a fixed price $0<p_1<A/a$ by some company. My solution so far CS is $CS=\int_{p}^{A/a}D(p)dp=\int_{p}^{A/a}(A-ap)dp=\frac{1}{2a}(A-ap)^2=\...
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1answer
31 views

Raise/Lower Seller Fees on Platform - Expected Seller Behaviour?

Say there is a marketplace company that facilitates buy/sell of digital content (i.e. marginal cost = 0). And that content is somewhat substitutable but not completely so. As an example, for a ...
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18 views

What is the term for requiring taxes/regulatory changes to be above a certain threshold to overcome organisational communication barriers

Help remembering the specific term for the following would be very much appreciated! The following: When a government implements a tax/regulation that is too low in stringency, the new policy may not ...
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1answer
25 views

How do tax payers have to pay for the tax deductions someone else receives due to a charitable donation?

"A USD 1,000 donation from a donor in the highest tax bracket costs that donor only USD 604. The federal government kicks in the remaining USD 396 in the form of a reduction in taxes", ...
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What quasi-experimental/econometric technique can I use to measure the impact of a policy using longtitudinal tax data?

I have two cohorts of workers with very similar characteristics (e.g. same demographic profile, skill level, industry) that were laid off at different points in time. Say one group was laid off ...
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52 views

From MMT viewpoint, how do taxes make sense?

I understand this part of MMT: From 100 USD that the Fed prints, the state can get back (or destroy) 10 - 90 USD back in taxes. But what is the effect of taxes on the economy: A household buys food ...
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53 views

What are the economic disadvantages of a single payer system in the USA?

To me, medicare for all seems like a no-brainer economically. The money individuals, local and state governments pay into insurance premiums, deductibles and medical costs... we simply redirect that ...
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31 views

Replacing Value-added Tax with more Income Tax

What would be the effect on the economy if all VAT / sales tax was removed, but income tax was increased to compensate so that the government has no change in income?
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2answers
32 views

Why do we have VAT on (most) services?

My knowledge of economics is quite limited, but as far as I understand, the "added value" which is taxed by value-added tax refers to the difference in the cost of production and the cost in the store....
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39 views

Do the republican tax cuts cost more than forgiving student loan debt?

It is alleged by this article in the Guardian that the republican tax cuts cost more money than the total student loan debt bubble. The accuracy of this claim was briefly discussed in this post via ...
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23 views

Name for a tax that captures all goods and services produced?

Is there a name for a consumption tax that basically captures the GDP (all goods and services produced in the nation)?
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165 views

What percentage pass-through effect do VAT taxes have?

From what I can find on Google Scholar it looks like there is a pass-through effect of approximately 1/3 the amount of a Value Added Tax - with the exception of food production, which trends higher - ...
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76 views

Is it possible to pay the internal debt of the country and to cover the budget deficit by increasing taxes?

Say for example the US govt. is putting an extra tax of 10% on the incomes of the people earning more than the average income. To make it easier, only tax the people earning more than 110% of the ...