TY  - JOUR
AU  - Kaplow,Louis
TI  - Should the Government's Allocation Branch be Concerned about the Distortionary Cost of Taxation and Distributive Effects?
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 4566
PY  - 1997
Y2  - February 1997
UR  - http://www.nber.org/papers/w4566
L1  - http://www.nber.org/papers/w4566.pdf
N1  - Author contact info:
Louis Kaplow
Harvard University
Hauser 322
Cambridge, MA  02138
Tel: 617/495-4101
Fax: 617/496-4880
E-Mail: meskridge@law.harvard.edu
AB  - Does taxation for public goods generally involve a distortionary cost?  Are Pigouvian taxes desirable because they raise revenue without having to resort to distortionary taxes?  Should decisions concerning public goods or Pigouvian taxes depend on whether their incidence is regressive?  The answer to these questions may be negative, contrary to conventional wisdom, if one considers a different and arguably more natural method of achieving budget balance than is typically assumed.
ER  -