This second case study overviews various considerations that should be made when evaluating tax reform proposals, emphasizing the application of the evaluation criteria in a local context. You are required to provide a 3-page, double-spaced, 1-inch margins, 12-point font case memo. References should be included and this will not count toward your 3-page limit. The memo itself should be 3 pages max. All work should be submitted through Canvas on the day it is due. Any late papers will receive points taken off for each late day.
In this memo, you will be expected to incorporate theories and concepts from revenue analysis into your analysis. In addition to the course materials (Revenue Evaluation, Consumption Taxes, and Property Taxes), at least one external resource (resource other than those provided in the course) must be used.
Your 3-page written analysis should include this general information:
Introduction
Evaluation of the Case
Analysis of Alternatives
Making Recommendations and Implementation Plan
Conclusion
Find below some important questions you could use to guide your analysis. This is a guide only, so please use the questions as a guide for your analysis rather than strictly limiting your analysis to them.
How would you evaluate the proposed tax based on the tax evaluation criteria?
What are the alternative sources of additional sales tax revenues?
What is your baseline scenario? Is your evaluation of alternative options assessed against the same baseline scenario?
What are the trade-offs among the options that need to be considered in this case?