An assessment of consumption and income taxes in Japan

Arbeitspapier

In this paper, we conduct a theoretical analysis of the consumption and income taxes from the viewpoints of efficiency and equity, we evaluate the past and present structure of Japan's consumption and income taxes, we consider the role of the consumption tax in stimulating the economy, in reforming the public pension system, and in achieving fiscal reconstruction, and finally, we make policy recommendations based on our findings. We find that the structure of Japan's current consumption and income taxes is problematic from the viewpoints of both efficiency and equity and make policy recommendations that will simultaneously improve both the efficiency and equity of Japan's tax system.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ISER Discussion Paper ; No. 624

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 tax ; Corlett and Hague ; economic stimulus ; efficiency ; equity ; excess burden ; fiscal reconstruction ; income tax ; inverse elasticity rule ; Japan ; Japanese economy ; optimal taxation ; pension reform ; Ramsey ; tax reform ; Verbrauchsteuer ; Einkommensteuer ; Optimale Besteuerung ; Steuergerechtigkeit ; Steuerreform ; Rentenreform ; 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): 2004

Further information

• Handle: http://hdl.handle.net/10419/92854
• Last update: 10.03.2025, 11:42 AM CET