Tributos sobre a folha ou sobre o faturamento? Efeitos quantitativos para o Brasil

Abstract

This paper studies the impacts of a tax reform which substitutes taxes on labor income by taxes on total revenue. In order to accomplish that, we construct and solve a general equilibrium neoclassical growth model with taxes on labor income and total revenue. The numerical simulations with Brazilian parameters show that such tax reforms would negatively affect welfare, the capital stock, and consequently per capita output. However, employment would increase. Such effects are quantitatively important. © 2009 Fundação Getúlio Vargas.