Cge Models And Capital Income Tax Reforms: The Case Of A Dual Income Tax For Germany (lecture Notes In Economics And Mathematical Systems)

From the reviews: “The book proposes an approach for the measurement of the effects of tax reforms mainly in the field of capital income taxation. ... The book is structured in 6 chapters. ... intended to an audience involved in financial and taxation issues that is at the same time quite familiar to the concepts of equilibrium models.” (Vangelis Grigoroudis, Zentralblatt MATH, Vol. 1170, 2009) The book suggests a novel way how the effects of tax reforms especially in the field of capital income taxation can be measured by means of dynamic computable general equilibrium (CGE) models. Using a model calibrated to the German economy, the author evaluates and quantifies the effects of introducing a Dual Income Tax (DIT) in Germany. This tax reform is a currently hotly debated topic in Germany and has been suggested both by the German Council of Economic Advisors (GCEA) and by Prof. Hans-Werner Sinn. Thus, the book is of great interest not only for the academic but also for the business w Front Matter....Pages I-XVI Introduction....Pages 1-4 Why Does Germany Need a Reform of Capital Income Taxation?....Pages 5-22 The Dual Income Tax....Pages 23-54 The Model....Pages 55-92 Simulation Results....Pages 93-136 Conclusion....Pages 137-139 Back Matter....Pages 141-168