Arbeitspapier

Does Germany collect revenue from taxing capital income?

A widespread objection to the introduction of consumption tax systems claims that this would lead to high tax revenue losses. This paper investigates the revenue effects of a consumption tax reform in Germany. Our results suggest that the revenue losses would be surprisingly low. We find a maximum revenue loss of 1.6 percent of annual GDP. In some years, we even find a tax revenue gain. This implies that the current tax system collects little revenue from taxing the normal return to capital. Based on these results, we calculate a macroeconomic measure of the effective tax rate on capital income.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 1489

Klassifikation
Wirtschaft
Taxation and Subsidies: Efficiency; Optimal Taxation
Business Taxes and Subsidies including sales and value-added (VAT)
Thema
cash flow tax
tax revenue effects
effective taxation of capital income
Kapitalertragsteuer
Steueraufkommen
Ausgabensteuer
Steuerreform
Deutschland

Ereignis
Geistige Schöpfung
(wer)
Becker, Johannes
Fuest, Clemens
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2005

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Becker, Johannes
  • Fuest, Clemens
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2005

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