Understanding Different Approaches to Benefit‐Based Taxation
Robert Scherf and
Matthew Weinzierl ()
Fiscal Studies, 2020, vol. 41, issue 2, 385-410
The normative principle of benefit‐based taxation has exerted substantial influence on many areas of public finance, but it has been largely set aside in the modern theoretical approach to optimal income taxation, where welfarist objectives dominate. A prerequisite for that gap to close is the clarification of what benefit‐based income taxation would mean, specifically in a first‐best setting. This paper seeks to provide clear, accessible descriptions and novel graphical representations of four major approaches to first‐best benefit‐based taxation, explain how these approaches relate to each other, and apply them within the classical benefit‐based framework for optimal income taxation of Smith (1776).
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Working Paper: Understanding Different Approaches to Benefit-Based Taxation (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wly:fistud:v:41:y:2020:i:2:p:385-410
Access Statistics for this article
More articles in Fiscal Studies from John Wiley & Sons
Bibliographic data for series maintained by Wiley Content Delivery ().