Tax reforms in Singapore

This paper takes the view that tax reforms in the form of a reshuffling of marginal tax rates are more appropriate policy recommendations than a whole-sale restructuring of a country's tax system. We adopted a simple model that yields simple and intuitive recommendations on the directions of such tax reforms. This model is estimated using the 1987/88 Singapore Household Expenditure Survey. The result also suggests that the recently introduced Goads and Services Tax may be an efficient reform, especially if the government puts limited value on inequality. (C) 1999 Society for Policy Modeling. Published by Elsevier Science Inc.