This paper makes use of an investment-style portfolio model to prospectively evaluate different options for Tennessees state tax system. Tax reform plans proposed by the Tennessee Tax Structure Study Commission are analyzed, along with the current system, to see how well they balance the competing goals of revenue growth and revenue stability. Using an optimization model, the different tax systems are evaluated by comparing them to systems using the same tax options that exhibit minimal deviations of actual revenue around expected revenue while maintaining the largest possible growth rates. These results are further analyzed on the basis of equity, efficiency, competitiveness, and simplicity to create overall policy recommendations.
| Identifer | oai:union.ndltd.org:VANDERBILT/oai:VANDERBILTETD:etd-07122006-230922 |
| Date | 19 July 2006 |
| Creators | Naccarato, Rose Marie |
| Contributors | Mark W. Lipsey, Kenneth K. Wong, Stephen Buckles, Stanley Chervin, Malcolm Getz |
| Publisher | VANDERBILT |
| Source Sets | Vanderbilt University Theses |
| Language | English |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.library.vanderbilt.edu/available/etd-07122006-230922/ |
| Rights | unrestricted, I hereby certify that, if appropriate, I have obtained and attached hereto a written permission statement from the owner(s) of each third party copyrighted matter to be included in my thesis, dissertation, or project report, allowing distribution as specified below. I certify that the version I submitted is the same as that approved by my advisory committee. I hereby grant to Vanderbilt University or its agents the non-exclusive license to archive and make accessible, under the conditions specified below, my thesis, dissertation, or project report in whole or in part in all forms of media, now or hereafter known. I retain all other ownership rights to the copyright of the thesis, dissertation or project report. I also retain the right to use in future works (such as articles or books) all or part of this thesis, dissertation, or project report. |
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