We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Inflation and Taxation: Reviewing the Macroeconomic Issues .
- Authors
Nowotny, Ewald
- Abstract
THE PERSISTENT presence of inflationary problems in most industrialized countries has lead to a renewed interest in the relationships between inflation and the tax system.[1] There exists a vast literature on the microeconomic aspects of this problem and especially on various accounting procedures used to compensate for distorting inflationary effects. These aspects of "inflacounting" will not be dealt with in this paper, at least not directly.[2] This paper will begin with a typology of the effects of inflation on the tax system; next it will concentrate on some macroeconomic aspects of the impact of inflation on the tax system on the one hand and <BR> 1 For early discussions see Jacob Viner (1923); Constantino Bresciani-Turroni (1937); Colin Clark (1945); E. J. Mishan and L. A. Dicks-Mireaux (1958); Frank Paish (1962); and Amotz Morag (1965). 2 For discussions see, e.g., Patrick Kirkman (1974); William Fellner, Kenneth Clarkson, and John Moore (1975); F. E. P. Sandilands (1975); and Charles Kennedy (1978). the impact of the tax system on inflation on the other. On a more general level this problem leads to the question of how far inflation---intentionally or unintentionally--acts as a means of taxation, i.e., as an alternative way to transfer resources from the private to the public sector of an economy.
- Subjects
PRICE inflation; PRICE inflation &; taxation; ECONOMIC stabilization; TAXATION; ACCOUNTING methods; DEVELOPED countries; FISCAL policy
- Publication
Journal of Economic Literature, 1980, Vol 18, Issue 3, p1025
- ISSN
0022-0515
- Publication type
Article