Chapter 1. Measuring Tax Burdens
-Introduction
-Nominal Tax Rates
-Tax-to-GDP Ratios
-Average Tax Rates
-Marginal Effective Tax Rates
-Structure of the Report
Chapter 2. Nominal Income Tax Rates
-Introduction
-The Structure of Personal Income Tax Rates
-"All-In" Rates of Taxes on Personal Income
-High Implicit Tax Rates for the Poor
-Nominal Top Rates by Type of Income
-The Structure of Corporate Income Tax Rates
-Corporate Income Tax and Shareholder Taxation
Chapter 3. Tax-to-GDP Ratios
-Introduction
-Tax Expenditures versus Direct Expenditures
-The Treatment of Social Security Benefits
-The Relationship between Tax Base and GDP, and Economic Cycle Effects
-Revisions to the Measurement of GDP
Chapter 4. Average Tax Rates and the Need for Micro-Data
-Introduction
-Two Frameworks for Assessing Corporate Tax Burdens
-Implicit ATRs
-Backward-Looking (Adjusted Profit-Based) ATRs
Chapter 5. Marginal Tax Rates
-Introduction
-Defining Marginal Effective Tax Rates
-Analysis of the No-Tax Case
-Analysis of a Simple Corporate Income Tax
-Analysis of Targeted Corporate Tax Instruments
-Limitations of METR Analysis
Chapter 6. Policy Relevance of Alternative Tax Burden Measures
-Introduction
-Some Illustrative Results
-Assessing the Tax Burden on "Old" versus "New" Capital
-Assessing the Corporate Tax Burden from an Equity Perspective
-Assessing the Impact of Corporaate Taxation on Investment Incentives
-Conclusion
Annexes to Chapters
-2A. Measuring the Overall Statutory Corporate Income Tax Rate in Japan
-2B. The Effects of Dividend Taxation and Integration Relief
-4A. The OECD Classification of Taxes
-4B. Illustration of the Application of Micro-Data
-6A. Backward- and Forward-Looking Corporate Tax Rate Results
-6B. Implicit Average Tax Rates - Illustration o the Effect of Treatment of Interest
-6C. Statement on the Usefulness of METR Analsis for Tax Policy Purposes