A presentation of a large-scale, dynamic simulation model for comparing the equity, efficiency, and macroeconomic effects of five alternatives to the current U.S. federal income tax: a proportional income tax, a proportional consumption tax, a flat tax, a flat tax with transition relief, and a progressive variant of the flat tax called the "X tax."
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Publisher Info
Paper provided by Federal Reserve Bank of Cleveland in its series Working Paper with number
9712.
David Altig & Alan J. Auerbach & Laurence J. Kotlikoff & Kent A. Smetters & Jan Walliser, 1997.
"Simulating U.S. Tax Reform,"
NBER Working Papers
6248, National Bureau of Economic Research, Inc.
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