Question
Consider a proposal, aimed at raising revenue to fund provision of a public good, that involves an increase in the GST (consumption tax) from 10
Consider a proposal, aimed at raising revenue to fund provision of a public good, that involves an increase in the GST (consumption tax) from 10 to 12%. Discuss the efficiency and equity trade-offs associated with such a proposal. Contrast this with the case of raising the marginal tax rate for those earning over $180,000 per annum from 47% to 60%.
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Macroeconomics Institutions Instability And The Financial System
Authors: Wendy Carlin, David Soskice
1st Edition
0199655790, 978-0199655793
