What drives major tax reform? Implications for taxing the rich
研究了近几十年重大税制改革的驱动因素，通过分析美国1980年代、英国1980年代及2022年失败的“迷你预算”案例，发现政治条件比经济动机更可能引发重大变革。
Abstract This paper examines some drivers behind substantial changes in tax policy in recent decades. Using existing theories and our definition of ‘beneficial major tax reforms’, we discuss three case studies: the US in the 1980s, the UK in the 1980s, and the UK’s failed ‘mini-budget’ of 2022. Our analysis reveals that the US’s TRA86 has, to some degree, improved efficiency, while the UK reforms may have exacerbated inequality with ambiguous effects on efficiency. Finally, we outline the potential for future reforms and conclude that political conditions are more likely to instigate major change than economic motivations.