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Post by Sapphire Capital on Jan 24, 2009 22:06:16 GMT 4
Do Hidden Taxes Increase Welfare? Brian D. Galle Florida State University College of Law; Georgetown University - Law Center FSU College of Law, Public Law Research Paper No. 334 Georgetown Public Law Research Paper No. 1113585 FSU College of Law, Law, Business & Economics Paper No. 08-15 Abstract: This draft offers a critical review of the economic literature on the efficiency of low-salience taxes. In particular, I explore the possibility that hidden taxes may in fact be more efficient than others. Since the entire field comprises only a handful of papers, the review is devoted mostly to identifying gaps in our present understanding. For example, the literature so far omits any consideration of the impact of hidden taxes on fiscal federalism, and gives only glancing attention to possible distributive consequences, both topics I attempt to highlight here. Additionally, I attempt to integrate with the tax literature some recent developments in our understanding of bounded rationality in consumers more generally. papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1294641_code332937.pdf?abstractid=1113585&mirid=1
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