Dimensions of Tax Design : The Mirrlees Review

The goal of the Mirrlees Review has been to identify what makes a good tax system for an open developed economy in the 21st century and to suggest how the UK tax system could be reformed to move in that direction. As an integral part of the Review, this volume brings together thirteen studies of different dimensions of tax design, plus associated commentaries. These were commissioned from IFS researchers and other international experts, to be of interest and value in their own right, as well as to provide inspiration for the final report of the Review, which is published as a separate volume, Tax by Design. The Commission's work was directed by: Tim Besley Richard Blundell Malcolm Gammie James Poterba The Commission's editorial team: Stuart Adam Stephen Bond Robert Chote Paul Johnson Gareth Myles `For two centuries the design of taxation has been a central question of political economy, but tax systems in practice are often higgledy-piggledy and under strain. The Mirrlees Review--a major collaborative research venture led by the IFS--provides an authoritative and definitive analysis of the architecture of taxation that is at once rational, grounded in rich economic evidence, and practicable in terms of law and policy.' Professor Sir John Vickers, Warden of All Souls College, Oxford University, and President of the Royal Economic society The Murrlees Review was set up to identify what makes a good tax system for an open and developed economy in the 21 st century, and to suggest how the UK tax system could be reformed to move in that direction. This volume brings together thirteen specially commissioned studies of different dimensions of tax design, plus associated commentaries. The conclusions of the Review's editorial team are published as a separate volume, Tax by Design `This is a stunning collection of papers and comments on tax issues for the 21st century. The topic selection is comprehensive, the authors are internationally renowned, and the commentators are equally distinguished. Anyone interested in the economics of taxation should start here.' John Shoven, Charles Schwab Professor of Economics, Stanford University. --Book Jacket This title consists of commissioned studies which draw on the latest thinking in the key areas of tax design. It includes contributions from a high-profile group of international experts and younger researchers and is supplemented by expert commentaries to provide the widest range of views and ideas on tax design The Review was chaired by Nobel Laureate Professor Sir James Mirrlees of the University of Cambridge and the Chinese University of Hong Kong