Consumption Taxes and Redistribution
研究用统一税率的消费税替代美国现行税制，发现这种改革能降低不平等并提高低收入群体的福利，结果取决于财富和收入的分布。
This study considers replacing the current US tax system with only a flat tax consumption tax, showing, in contrast to the literature, that such a reform leads to a decline in inequality and increase in welfare for the welfare-poor. The results are obtained from a simple model that identifies the main channels through which the reform affects the economy. It is shown also that these novel results depend on the distribution of wealth and earnings, and that they hold for the relevant empirical distributions.