“California’s fiscal problems go well beyond the design of its tax system, but its tax system has certainly contributed to these problems.” bemerkt Alan J. Auerbach (2010, S. 1), Professor der Volkswirtschaftslehre und des Rechts and der University of California, Berkeley, 2010.
In diesem Aufsatz werden die Wurzeln, sowie Implikationen, problematisch gestalteter Steuersysteme analysiert, sowie ein allgemeiner Vergleich der Steuersysteme in einzelnen US-amerikanischen Staaten, sowie den USA insgesamt und sämtlichen OECD Staaten, vorgenommen. Die untersuchten Länder weisen den höchsten Grad an zyklischer Volatilität der Steuereinnahmen aus und sind daher besonders interessant für die Thematik dieses Aufsatzes.
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It is these countries that seem to display the highest degree of cyclical volatility of tax revenues, and are therefore of interest. Please refer to the appendix for the tables.
Inhaltsverzeichnis (Table of Contents)
- Tax Data
- Evidence for Volatility
- The Tax System's Role
- Summary and Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper investigates the cyclical volatility of tax revenues in the United States and the United Kingdom, with a focus on California's tax system. The paper aims to understand the reasons behind this volatility and explore potential modifications to tax structures and fiscal policy to address it.
- Cyclical Volatility of Tax Revenues
- Tax Structures in the US and UK
- The Role of Income Taxes
- Fiscal Policy Responses to Volatility
- Case Study of California's Tax System
Zusammenfassung der Kapitel (Chapter Summaries)
The first section, "Tax Data," examines the structure of tax systems in the US, UK, and selected OECD countries. This includes a look at corporate income tax rates, personal income tax rates, and the proportion of total tax revenue generated by income taxes. The section uses tables to demonstrate the reliance on income taxes in the US and UK.
The second section, "Evidence for Volatility," presents data on the cyclical volatility of corporate income tax revenue in the US, highlighting the significant fluctuations in tax revenue during recessionary periods. This section also examines the volatility of personal income tax revenues in California, using figures to demonstrate the substantial fluctuations in tax revenue over time.
Schlüsselwörter (Keywords)
This paper focuses on key concepts such as cyclical volatility of tax revenues, corporate income tax, personal income tax, fiscal policy, tax structure, and the tax system of California. The paper explores the relationship between income tax revenue and economic cycles, as well as the potential impact of tax policy on economic stability.
- Quote paper
- Julian Radlinger (Author), 2011, The Cyclical Volatility of Tax Revenues , Munich, GRIN Verlag, https://www.grin.com/document/179490
