Franklin

Inflation-Proof Tax System? [electronic resource] : Some Lessons From Israel.

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 1990.
Format/Description:
Government document
Book
1 online resource (28 p.)
Series:
IMF eLibrary
IMF Working Papers
Status/Location:
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Local subjects:
Annual inflation. (search)
Annual inflation rate. (search)
Costs of inflation. (search)
Effect of inflation. (search)
Effects of inflation. (search)
General price level. (search)
High inflation. (search)
High inflation rate. (search)
Inflation. (search)
Inflation rate. (search)
Inflation rates. (search)
Inflation tax. (search)
Monetary assets. (search)
Monetary fund. (search)
Monetary value. (search)
Money demand. (search)
Percent inflation rate. (search)
Price level. (search)
Rate of inflation. (search)
Rates of inflation. (search)
Real money. (search)
Real value. (search)
Relative prices. (search)
Israel. (search)
Summary:
This paper strengthens the claim made by Vito Tanzi that when the effect of a high inflation on the tax system is taken into account, then the overall revenues from inflationary finance may well be negative. The paper analyzes some genuine and neat measures taken in Israel in an attempt to construct an inflation-proof tax system. Despite these very elegant measures, the paper concludes that the Israeli experience suggests that it is more appropriate to talk about the “inflation subsidy” rather than the “inflation tax.”
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1451973640:
9781451973648
ISSN:
1018-5941
Publisher Number:
10.5089/9781451973648.001
Access Restriction:
Restricted for use by site license.