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| Title |
Dynamic scoring : under multiple tax regimes
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| Author |
Bauser, Kyle Royal
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| Department |
Department of Economics and Business
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| Institution |
Colorado College
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| Degree Type |
bachelor
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| Degree Name |
Bachelor of Arts
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| Type of Resource |
text
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| Digital Origin |
reformatted digital
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| Date Accepted |
2007
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| Date Digitized |
2009
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| Abstract |
Whenever a tax cut is implemented, a revenue loss is initially observed. Older economic models would predict this loss by static scoring, which excludes long-run economic growth. Supply-side economists would argue that a smaller tax rate would promote more investment and eventually generate a larger tax base from which to collect revenues. Dynamic scoring is important because it mitigates this static effect and determines the extent to which a tax cut pays for itself. This research expands on the literature by adding corporate taxes to the dynamic scoring framework. This study constructs a model assuming the tax system only has a single consumption tax, thereby reducing the inefficiencies within the current tax system, such as double taxation on dividends and deadweight losses that occur from tax increases. The results indicate that adding corporate taxes to the model further alleviates the static effect of a tax cut and that tax reform resulting in a single consumption tax can generate the same level of government receipts.
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| Keywords |
Dynamic scoring
Economic growth
Taxes
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| Rights Statement |
Copyright restrictions apply. Contact the author for permission to publish.
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| Extent |
85 p. : ill. ; 29 cm.
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| Note (thesis) |
Senior Thesis - Colorado College
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| Note (bibliography) |
Bibliography : p. 83-85
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| Publisher |
Colorado College
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| Place of Publication |
Colorado Springs, Colorado
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| Language |
eng
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| OCLC Identifier |
159958326
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| Handle |
http://hdl.handle.net/10176/coccc:2944
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| Attached Files |
| Name |
Description |
MIMEType |
Size |
Downloads |
Bauser_Thesis_A1b.pdf
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master |
application/pdf |
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0 |
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