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17 Va. Tax Rev. 295 (1997-1998)
Comprehensive Tax Base Theory, Transaction Costs, and Economic Efficiency: How to Tax Our Way to Efficiency

handle is hein.journals/vrgtr17 and id is 305 raw text is: COMPREHENSIVE TAX BASE THEORY, TRANSACTION COSTS, AND ECONOMIC EFFICIENCY: HOW TO TAX OUR WAY TO EFFICIENCY Kneave Riggalr TABLE OF CONTENTS I. INTRODUCTION 297 II. COMPREHENSIVE TAX BASE THEORY 297 A The Basic Model 297 B. NET in a Nutshell 298 C. Tastes, Wealth, and Bayesian Allocations 300 D. Elasticities of Demand 301 E. Taxes and the Substitution Effect 303 F. CTBT and Efficient Taxation 303 III. CTBT AND TE REAL WORLD 305 A Transaction Costs 305 B. Regulatory Costs 307 C. Taxing Leisure and Other Forms of Wealth 308 D. Taxing Market Avoiders 309 E. CTBT's Need for Periodic Wealth Taxation 311 F. Property Taxation and CTBT 312 G. Estate, Gift, and Generation-Skipping Transfer - Taxes 313 IV. SOME RECENT TAX REFORM PROPOSALS 314 A Value-Added Tax 314 B. Flat Taxes 315 C. Broadening the Tax Base 316 D. Encouraging Investment 317 Kneave Riggall (B.A., University of California, Berkeley, 1975; MA., University of California at Los Angeles, 1978; J.D., University of California at Los Angeles, 1978; LL.M. (Taxation), University of San Diego School of Law, 1987) began his tax law practice in 1985. Mr. Riggall is admitted to practice in California, and is a registered Investment Adviser, U.S. Securities and Exchange Commission (1988).