Simulating U.S. tax reform

Altig, David E.; Auerbach, Alan J.; Kotlikoff, Laurence J.; Smetters, Kent; Walliser, Jan

Working Paper

Simulating U.S. tax reform

Abstract: A presentation of a large-scale, dynamic simulation model for comparing the equity, efficiency, and macroeconomic effects of five alternatives to the current U.S. federal income tax: a proportional income tax, a proportional consumption tax, a flat tax, a flat tax with transition relief, and a progressive variant of the flat tax called the \"X tax.\"

Keywords: Income tax;