05197oam 22011654 450 991078841030332120200520144314.01-4623-2961-61-4527-7132-41-283-51335-897866138258031-4519-0931-4(CKB)3360000000443572(SSID)ssj0001475964(PQKBManifestationID)11890447(PQKBTitleCode)TC0001475964(PQKBWorkID)11490972(PQKB)11340493(MiAaPQ)EBC3014463(Au-PeEL)EBL3014463(CaPaEBR)ebr10380841(OCoLC)948510181(IMF)WPIEE2006218(EXLCZ)99336000000044357220020129d2006 uf 0engurcn|||||||||txtccrThe "Flat Tax(es)" : Principles and Evidence /Ricardo Varsano, Kevin Kim, Michael KeenWashington, D.C. :International Monetary Fund,2006.48 p. illIMF Working Papers"September 2006."1-4518-6478-7 Includes bibliographical references.One of the most striking tax developments in recent years, and one that continues to attract considerable attention, is the adoption by several countries of a form of "flat tax." Discussion of these quite radical reforms has been marked, however, more by assertion and rhetoric than by analysis and evidence. This paper reviews experience with the flat tax, seeking to redress the balance. It stresses that the flat taxes that have been adopted differ fundamentally, and that empirical evidence on their effects is very limited. This precludes simple generalization, but several lessons emerge: there is no sign of Laffer-type behavioral responses generating revenue increases from the tax cut elements of these reforms; their impact on compliance is theoretically ambiguous, but there is evidence for Russia that compliance did improve; the distributional effects of the flat taxes are not unambiguously regressive, and in some cases they may have increased progressivity, including through the impact on compliance; adoption of the flat tax has not resolved common challenges in taxing capital income; and it may have strengthened, not weakened, the automatic stabilizers. Looking forward, the question is not so much whether more countries will adopt a flat tax as whether those that have will move away from it.IMF Working Papers; Working Paper ;No. 2006/218Flat taxesFlat-rate income taxEconometric modelsFlat-rate income taxFormer Soviet republicsEconometric modelsMacroeconomicsimfPersonal Finance -TaxationimfTaxationimfCorporate TaxationimfTaxation, Subsidies, and Revenue: GeneralimfFiscal Policies and Behavior of Economic Agents: GeneralimfPersonal Income, Wealth, and Their DistributionsimfPersonal Income and Other Nonbusiness Taxes and SubsidiesimfBusiness Taxes and SubsidiesimfPublic finance & taxationimfCorporate & business taximfFlat taximfPersonal incomeimfMarginal effective tax rateimfPersonal income taximfCorporate income taximfTaxesimfNational accountsimfTax policyimfIncome taximfIncomeimfTax administration and procedureimfCorporationsimfSlovak RepublicimfFlat-rate income taxEconometric models.Flat-rate income taxEconometric models.MacroeconomicsPersonal Finance -TaxationTaxationCorporate TaxationTaxation, Subsidies, and Revenue: GeneralFiscal Policies and Behavior of Economic Agents: GeneralPersonal Income, Wealth, and Their DistributionsPersonal Income and Other Nonbusiness Taxes and SubsidiesBusiness Taxes and SubsidiesPublic finance & taxationCorporate & business taxFlat taxPersonal incomeMarginal effective tax ratePersonal income taxCorporate income taxTaxesNational accountsTax policyIncome taxIncomeTax administration and procedureCorporationsVarsano Ricardo1546551Kim Kevin910486Keen Michael125941International Monetary Fund.Fiscal Affairs Dept.DcWaIMFBOOK9910788410303321The "Flat Tax(es)"3802239UNINA