Tax shift

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Tax shift or Tax swap is a change in taxation that eliminates or reduces one or several taxes and establishes or increases others while keeping the overall revenue the same. The term can refer to desired shifts, such as towards Pigovian taxes (typically sin taxes and ecotaxes) as well as (perceived or real) undesired shifts, such as a shift from multi-state corporations to small businesses and families.[1]

The following table lists tax shifts that have been proposed or introduced:

Name, location, proponent, source	From	To	Claimed benefits
Green tax shift (see ecotax)	various	ecotax	environment
Tax Shift for the Pacific Northwest (Durning & Baumann 1998)	personal, corporate income tax, payroll tax, property tax, sales tax	carbon tax, pollution tax, traffic tax, sprawl tax (Land value tax), resource consumption tax	environment; public health; reduction of gridlock; countering speculation; equity; administrative ease
Property tax shift (PTS)[2]	sales, income, and buildings	Land value tax	housing supply; sprawl; equity
Philadelphians for Land Value Tax Shift[3]	tax rates on structures	land-value tax	economic development, countering speculation
Illinois[4]	property tax	individual and corporate income tax
Mississippi[5][6], Tennessee[7]	Grocery or food tax	cigarette tax	public health; support for basic needs
Wyoming Tax Swap[8]	sales tax, use tax, and business personal property tax	flat income tax
FairTax	personal income tax, payroll tax, corporate tax, capital gains tax, self-employment tax, gift tax, estate tax	national retail sales tax	provide tax burden visibility; reduce compliance costs

1 References
2 External links
3 See also
4 Other uses

[edit] References

Alan Thein Durning, Yoram Baumann (1998). Tax Shift, Seattle, Washington: Northwest Environment Watch. ISBN 1-886093-07-5.

[edit] External links

A Distributional Analysis of an Environmental Tax Shift
Tax Cuts vs. Tax Shifts
Making an Energy Tax Work for Business (in the UK)
Sharing the Wealth (a web site opposing what they perceive as a tax shift)

[edit] See also

[edit] Other uses

Tax swap can also refer to the sale of a security that has declined in price since its purchase and the simultaneous purchase of a similar but not identical security, in order to realize a loss for tax purposes while maintaining a position.[9]