Motu Economic and Public Policy Research

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Fiscal Issues

 

Fiscal IssuesAndrew Coleman and Arthur Grimes have been examining potential fiscal, distributional and efficiency effects of shifts in taxation towards land/property taxes away from existing tax bases.

As part of a Treasury funded project, Andrew adapted his housing model to examine the possible long run effects of different types of capital gains taxes. The model explores how capital gains taxes might affect revenue, house prices, rents, home ownership rates, and long term welfare in a low inflation environment.