US experience with futures transaction taxes

2021 ◽  
Author(s):  
Scott Mixon
Keyword(s):  
Transaction Taxes

Securities Transaction Taxes and Financial Markets

2001 ◽  
Author(s):  
Karl Habermeier ◽  
Andrei A. Kirilenko
Keyword(s):  
Financial Markets ◽  
Transaction Taxes

scholarly journals LABOR TAX REDUCTIONS IN EUROPE: THE ROLE OF PROPERTY TAXATION

2020 ◽  
pp. 1-33
Author(s):  
Marcin Bielecki ◽  
Nikolai Stähler
Keyword(s):  
Housing Market ◽  
New Keynesian ◽  
Property Taxes ◽  
Real Economy ◽  
Property Taxation ◽  
Tax Reduction ◽  
Labor Tax ◽  
Stocks And Flows ◽  
Transaction Taxes

We use a New Keynesian DSGE model with search frictions on the housing market to evaluate how financing a labor tax reduction by higher property taxation affects the real economy and welfare. Search on the housing market enables us to explicitly model stocks and flows, which is necessary to differentiate between recurrent property taxes (levied on stocks) and property transaction taxes (levied to flows). We find that using recurrent property taxation as financing instrument outperforms other instruments although all policy measures increase aggregate economy-wide welfare. Our simulations suggest that using property transaction taxation as financing instrument is the least favorable measure.

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