This paper builds a single model that can be used to show efficiency and distributional effects of eight different … approaches can be designed to have the same efficiency effects, even while they have different distributional effects. For … efficiency, enforcement capabilities, and political feasibility). The paper ends with a discussion of likely trade-offs among …

instruments. In a simple model with identical consumers, we show conditions under which the same efficiency can be attained by the … efficiency can again be obtained, but only if each person's gasoline tax rate can be made to depend on the characteristics of the …

the net effects on efficiency of each of these changes in capital income taxation. Under the new view that dividend taxes … generate improvements in efficiency. Under the old view that dividend taxes are important, however, these changes all increase … efficiency for a wide range of values for other parameters in the model …