Lump-sum tax

lump sumlump-sum
A lump-sum tax is a special way of taxation, based on a fixed amount, rather than on the real circumstance of the taxed entity.wikipedia
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Tax

taxationtaxeslevy
A lump-sum tax is a special way of taxation, based on a fixed amount, rather than on the real circumstance of the taxed entity.
Another example can be the Introduction of an income lump-sum tax (xp x + yp y = Y - T), with a parallel shift downward of the budget constraint, can be produced a higher revenue with the same loss of consumers' utility compared with the property tax case, from another point of view, the same revenue can be produced with a lower utility sacrifice.

Regressive tax

regressiveregressive taxationburdening the poor
It is one of the various modes used for taxation: income, things owned (property taxes), money spent (sales taxes), miscellaneous (excise taxes), etc. It is a regressive tax, such that the lower the income is, the higher the percentage of income applicable to the tax.
Lump-sum tax

Distortion (economics)

distortionsdistortionarydistortion
Distortions (economics)
A proportional wage-income tax, for instance, is distortionary, whereas a lump-sum tax is not.

Optimal tax

optimal taxationoptimal corrective taxesoptimal tax system
Optimal tax
Exceptions to this trade-off include non-distortionary taxes, such as lump-sum taxes, where individuals cannot change their behaviour to reduce their tax burden, and Pigouvian taxes, where the market consumption of a good is inefficient and a tax brings consumption closer to the efficient level.

Excess burden of taxation

excess burdenmarginal cost of fundsnon-distortionary
Excess burden of taxation
Lump-sum tax

Poll tax

head taxpoll taxescapitation
If the lump-sum tax is the same for all taxpayers, it is a poll tax.

Property tax

property taxespropertymill rate
It is one of the various modes used for taxation: income, things owned (property taxes), money spent (sales taxes), miscellaneous (excise taxes), etc. It is a regressive tax, such that the lower the income is, the higher the percentage of income applicable to the tax.

Sales tax

salessales taxesnational sales tax
It is one of the various modes used for taxation: income, things owned (property taxes), money spent (sales taxes), miscellaneous (excise taxes), etc. It is a regressive tax, such that the lower the income is, the higher the percentage of income applicable to the tax.

Excise

excise taxexcise taxesexcise duty
It is one of the various modes used for taxation: income, things owned (property taxes), money spent (sales taxes), miscellaneous (excise taxes), etc. It is a regressive tax, such that the lower the income is, the higher the percentage of income applicable to the tax.

Income

earningsincomesearning power
It is one of the various modes used for taxation: income, things owned (property taxes), money spent (sales taxes), miscellaneous (excise taxes), etc. It is a regressive tax, such that the lower the income is, the higher the percentage of income applicable to the tax. This taxation is based on estimated living expenses rather than on real income and assets.

Switzerland

Swiss🇨🇭SWI
Rich foreign nationals resident in Switzerland can be taxed on a lump-sum basis if they do not work in the country.

Asset

assetstotal assetstangible asset
This taxation is based on estimated living expenses rather than on real income and assets.

Injustice

injusticesunjustsense of injustice
Seen as unfair, lump-sum taxation has been abolished in several cantons.

Cantons of Switzerland

cantoncantonscantonal
Seen as unfair, lump-sum taxation has been abolished in several cantons.

2014 Swiss referendums

blocked by Swiss voters in 2014Swiss gold reserves referendum, 20142014 referendums
However, a national abolition was rejected by referendum in 2014.

The New Palgrave Dictionary of Economics

[1987Dictionary of Political Economy[2008
"Lump sum taxes," The New Palgrave Dictionary of Economics, volume 3, pages 251-252.

Multiplier (economics)

multipliermultiplier effecteconomic multiplier
Other types of fiscal multipliers can also be calculated, like multipliers that describe the effects of changing taxes (such as lump-sum taxes or proportional taxes).

Frederik Paulsen Jr

Frederik Paulsen
Frederik Paulsen is now based in Switzerland, where he benefits from lump-sum taxation.

Taxation in Switzerland

federal taxesSwitzerlandtaxation
Non-working foreigners resident in Switzerland may choose to pay a lump-sum tax instead of the normal income tax.

Public economics

economics of the public sectorpublic goodseconomics of public policy
In 1971, Peter A. Diamond and James A. Mirrlees published a seminal paper which showed that even when lump-sum taxation is not available, production efficiency is still desirable.

Abgeltungsteuer

The surplus income from capital assets cannot be shortened by the overall deductions through lump sum or actual expenses.

Kingdom of Hungary (1301–1526)

Kingdom of HungaryHungaryHungarian
First of all, peasants were in each year obliged to pay a lump-sum "extraordinary tax", often without the consent of the Diet.

List of taxes

Lump-sum tax is a tax that is a set amount, regardless of a person's wealth or an item's value.