Abstract

This article argues that rent-seeking competition over tax reform can exhaust prospective efficiency gains, thus making tax reform a potential negative-sum activity—especially when considered over the entire rent-seeking cycle. It concludes that a positive defense against negative-sum tax reform games can arise from public choice economists debunking the game's ideological basis and constructing "rent-seeking impact statements" for proposed tax reforms.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.