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UID:03e5cd0f7fd2b5a63a03b73d91bd1cc4
DTSTAMP:20250916T205108Z
SUMMARY:Dr. Michael Smart\, University of Toronto
DESCRIPTION: \n\nAN ESTIMABLE MODEL OF INCOME REDISTRIBUTION IN A FEDERATIO
 N: MUSGRAVE\nMEETS OATES\n\nABSTRACT We develop a theory of cross-border i
 ncome shifting in\nresponse to personal taxation\, and examine its implica
 tions for the\nrevenue potential and excess burden of personal taxes at th
 e\nsubnational level. We estimate the elasticity of tax avoidance and of\n
 cross-border tax base shifting using data on top income shares for\nCanadi
 an provinces\, finding that interprovincial shifting accounts for\nabout t
 wo-thirds of total tax avoidance. We then propose a model\ndemonstrating t
 hat a properly-chosen federal tax rate can offset the\nhorizontal fiscal e
 xternality\, allowing decentralized subnational tax\nrates to replicate th
 e national welfare optimum.\n 
DTSTART:20171201T190000Z
DTEND:20171201T203000Z
LOCATION:Gerri C. LeBow Hall\, 3220 Market Street\, 406\, Philadelphia\, PA
  19104
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