Jump to ContentJump to Main Navigation
Show Summary Details
More options …

Schnabl, Gunther / Belke, Ansgar

The Economists' Voice

1 Issue per year

Cite Score 2016: 0.24

SCImago Journal Rank (SJR) 2016: 0.257
Source Normalized Impact per Paper (SNIP) 2016: 0.380

See all formats and pricing
More options …
Volume 2, Issue 3 (Aug 2005)


Progressive Consumption Taxation as a Remedy for the U.S. Savings Shortfall

Robert H Frank
Published Online: 2005-08-26 | DOI: https://doi.org/10.2202/1553-3832.1089

The American savings rate, always low by international standards, has fallen sharply in recent decades. In this essay, I argue that a large part of the savings shortfall results from pressures to keep pace with community spending standards, pressures that have been exacerbated by rising income and wealth inequality. The progressive consumption tax is one possible remedy.

Keywords: Savings; consumption; taxes; externalities

About the article

Published Online: 2005-08-26

Citation Information: The Economists' Voice, ISSN (Online) 1553-3832, DOI: https://doi.org/10.2202/1553-3832.1089.

Export Citation

©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston. Copyright Clearance Center

Comments (0)

Please log in or register to comment.
Log in