, introducing an inverted tax credit system, levying withholding taxes on all interest and royalty payments and levying withholding … taxes as an anti-avoidance regulation. We calculate the tax revenue effects of introducing a minimum withholding tax on … would increase tax revenue in particular in high-tax countries. Revenue redistribution would only arise if withholding taxes …

econometrician's information sets in estimated VARs. Economically meaningful shocks to taxes, therefore, cannot be extracted from …

by new sales of government debt that bring forth higher future income taxes. As debt levels and tax rates rise, the … rate is adopted, adjustments in taxes no longer stabilize debt, and some new stabilizing combination of policies must arise …

levels by increasing taxes, so either an adjustment to fiscal spending or monetary policy must occur to stabilize debt. We …

biased estimates of output multipliers for taxes; biases are quantitatively important when two canonical theoretical models … and treasury bonds embeds news about future taxes in bond yield spreads. Including that measure of tax news in identified … VARs produces substantially different inferences about the macroeconomic impacts of anticipated taxes"--National Bureau of …