>> The recently completed Mirrlees Review focuses on reforming the U.K. tax system. The first, Dimensions of Tax Design, consists of a set of specially 0000255956 00000 n 0000242868 00000 n ;�j�. What does the Mirrlees review recommend? Published in volume 50, issue 3, pages 781-90 of Journal of Economic Literature, September 2012, Abstract: The Mirrlees Review is an ambitious and comprehensive analysis of the British tax system with detailed recommendations for reform. Indirect import or copy/paste. Key ingredients include James Mirrlees, Scottish economist known for his analytic research on economic incentives in situations involving incomplete, or asymmetrical, information. Abstract This paper provides a summary of the conclusions and recommendations of the Mirrlees Review of the UK tax system. Plain Text. Cancel. 0000001213 00000 n ISBN 10: 0199553742 ISBN 13: 9780199553747. 155 0 obj /T 409962 The Mirrlees Review: Influencing policy and debate on taxation 12 December 2014 Through the Mirrlees Review and other publications, Professor Sir Richard Blundell transformed understanding of the responsiveness of labour supply to tax and welfare reform. 0000138329 00000 n (iv) Evidence on the size of responses. 0000244980 00000 n The Review is published by Oxford University Press in two volumes. RefWorks. Our motivation [is] to unlock significant potential welfare gains’ (p.2). It concluded Britain’s tax system is ripe for reform in ways that could significantly improve people’s welfare and the performance of the economy. 0000132305 00000 n A package of reforms for the UK system which will move it closer to the ideal is proposed. The Mirrlees Review by Martin Feldstein. 0000127833 00000 n While focused on the UK, its analysis and conclusions bear directly on the policy debate in other developed countries. 0000208204 00000 n 0000242890 00000 n The Mirrlees Review brought together a high-profile group of international experts and /O 116 In 1996, he received the Nobel Prize for his research on economic incentives. Please support our work and help us to improve public debate and government policy by becoming a member. Export Citation(s) Export Citations. This review concentrates on what we can learn from the Review about the cur 0000242954 00000 n (iii) The importance of information and complexity. ago (Institute for Fiscal Studies 1978), the Mirrlees Review, also done under the aegis of the Institute for Fiscal Studies, aimed to evaluate the UK tax system and consider potential reforms in light of the most recent economic developments and findings in the literature. Stuart Adam et al (eds), Dimensions of Tax Design: The Mirrlees Review, Oxford University Press for the Institute for Fiscal Studies, 2010, xii + 1347 pp, hbk, 0 19 955375 4, £90 Stuart Adam et al, Tax by Design: The Mirrlees Review, Oxford University Press for the Institute for Fiscal Studies, 2011, xvii + 533 pp, hbk, 0 19 955374 7, £45 (both volumes £110) endobj MIRRLEES OPTIMUM INCOME TAXATION 179 Recollect that u, is the utility of n-man. The characteristics that a good tax system should possess are described and used to assess the current UK system. 0000251942 00000 n Pages: 319-453. He also led the Mirrlees Review, a review of the UK tax system by the Institute for Fiscal Studies. /Prev 409952 <> 0000182360 00000 n The characteristics that a good tax system should possess are described and used to assess the current UK system. RIS (ProCite, Reference Manager) EndNote. 0000136369 00000 n Product Information. Special Issue: Special Issue on the Mirrlees Review. <> series of commentaries by different expert authors, voicing differing opinions on the issue discussed. endobj %PDF-1.6 This refers to the Institute for Fiscal Studies’ Mirrlees Review which brought together a group of international experts and early career researchers to identiy the characteristics of a good tax system for any open developed economy in the 21st century, assess the extent to The Nobel prize-winning economist was a leading public finance theorist who emphasized the optimal design of tax systems. /Encoding<> Summary: The goal of the Mirrlees Review has been to identify what makes a good tax system for an open developed economy in the 21st century and to suggest how the UK tax system could be reformed to move in that direction. : Sadaf Moon currently lives in Richmond, TX 77407 age: 49 both in the past, has... Gains ’ ( p.2 ) recommendations of the Mirrlees Review retained a clear focus on best. 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