Tax reform in Japan: The case of personal taxes

Arbeitspapier

In this paper, we conduct a theoretical analysis of personal taxes (defined to include consumption and income taxes), describe and evaluate the past and present structure of personal taxes in Japan, and based on our findings, make a number of policy recommendations about how to reform personal taxes in Japan. We find that the structure of Japan's current consumption and income taxes is problematic from the viewpoints of both efficiency and equity and propose a reform package that improves both the efficiency and equity of Japan's personal taxes and, at the same time, achieves fiscal reconstruction.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ISER Discussion Paper ; No. 660

Classification and Topics

• Classification: Wirtschaft ; Taxation and Subsidies: Efficiency; Optimal Taxation ; Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies ; Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes
• Subject: consumption ; consumption tax ; Corlett and Hague ; countercyclical policy ; economic stimulus ; efficiency ; equity ; excess burden ; fiscal reconstruction ; fiscal reform ; government debt ; imputed rent ; income tax ; inverse elasticity rule ; Japan ; Japanese economy ; labor supply ; leisure ; luxury goods ; necessities ; optimal taxation ; personal taxes ; primary balance ; progressivity ; Ramsey ; regressivity ; saving ; tax reform ; Steuerreform ; Personensteuer ; Japan

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Horioka, Charles Yuji ; Sekita, Shizuka
• Event: Veröffentlichung
• (who): Osaka University, Institute of Social and Economic Research (ISER)
• (where): Osaka
• (when): 2006

Further information

• Handle: http://hdl.handle.net/10419/92618
• Last update: 10.03.2025, 11:41 AM CET