Public Economics in Action
The Basic Income/Flat Tax Proposal
By (author) Anthony Barnes Atkinson
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Public Economics in Action by Anthony Barnes Atkinson
Book DescriptionThis book surveys recent developments in public economics by taking as a case-study the proposals for a basic income/flat tax scheme. It discusses various approaches to taxation and presents a framework for a system that would affect both personal income and the social security system, replacing the one by a flat-rate income tax and the other by a guaranteed income. This idea has generated wide interest in a number of countries, and is being actively discussed by several political parties. This book explains how these changes would benefit a wide variety of social groups, leading to a greater redistribution of income. At the same time, it also raises the question of whether a single reform can meet the very different objectives of different supporters. The author reviews different areas of public economics in which there has been active research in recent years- namely the theory of optimum taxation, public choice theory, general equilibrium analysis of incidence, numerical tax- benefit modelling, and econometric studies of work incentives-and asks how these contribute to our understanding of this particular policy reform. He also indicates the promising directions for future research. The author does not argue for or against the basic income/flat tax proposal, but believes it should be on the agenda for any serious discussion of tax and social security reform for the twenty-first century.
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Book DetailsISBN: 9780198292166
(215mm x 137mm x 14mm)
Imprint: Clarendon Press
Publisher: Oxford University Press
Publish Date: 24-Oct-1996
Country of Publication: United Kingdom
Books By Author Anthony Barnes Atkinson
Incomes and the Welfare State, Paperback (February 1996)
Discussion of the future of the Welfare State in Britain in European context.
Economic Transformation in Eastern Europe and the Distribution of Income, Hardback (October 1992)» View all books by Anthony Barnes Atkinson
This book, first published in 1992, examines the distribution of income under Communism in Eastern Europe, and its implications for economic transformation.
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