Research Paper No. 704

THE BUILT-IN FLEXIBILITY OF CONSUMPTION TAXES*

by

John Creedy & Norman Gemmell

July 1999

Department of Economics. University of Melbourne. Parkville Victoria 3052 Australia
 
 

CONTENTS

1 Introduction

2 Income Taxation

2.1 Basic Definitions

2.2 A Multi-step Tax Function

2.3 Aggregate Revenue Elasticity

3 Income and Consumption Taxes

3.1 Individual Revenue Elasticity

3.2 Uniform Taxes

3.3 The Two-rate Case

3.4 Aggregate Consumption Tax Revenue Elasticity

4 Changes in Consumption Tax Rates

5 Illustrative Examples

5.1 Individual Revenue Elasticities

5.2 Aggregate Revenue Elasticities

6 Conclusions
 
 
 
 

Request For Full Working Papers
This mail form will be sent automatically to Department of Economics Administrative Staff and your request will be processed. Please fill in your Details below and Click On "Send Request" button when you are finished. Papers will be sent by post.

Please enter paper No :

Please enter paper title :

Please enter your name :

Please enter you postal address :

Please enter your e-mail address :