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Tax shift or Tax swap is a change in taxation that eliminates or reduces one or several taxes and establishes or increases others while keeping the overall revenue the same.[1] The term can refer to desired shifts, such as towards Pigovian taxes (typically sin taxes and ecotaxes) as well as (perceived or real) undesired shifts, such as a shift from multi-state corporations to small businesses and families.[2]
The following table lists tax shifts that have been proposed or introduced:
| Name, location, proponent, source |
From |
To |
Claimed benefits |
| Green tax shift (see ecotax) |
various |
ecotax |
environment |
| Tax Shift for the Pacific Northwest (Durning & Bauman 1998) |
personal, corporate income tax, payroll tax, property tax, sales tax |
carbon tax, pollution tax, traffic tax, sprawl tax (Land value tax), resource consumption tax |
environment; public health; reduction of gridlock; countering
speculation; equity; administrative ease
|
| Property tax shift (PTS)[3] |
sales, income, and buildings |
Land value tax |
housing supply; sprawl; equity |
| Philadelphians for Land Value Tax Shift[4] |
tax rates on structures |
land-value tax |
economic development, countering speculation |
| Illinois[5] |
property tax |
individual and corporate income tax |
extra unearned income for landowners |
| Mississippi[6][7]
Tennessee[8]
|
Grocery or food tax |
cigarette tax |
public health; support for basic needs |
| Wyoming Tax Swap[9] |
sales tax, use tax, and business personal property tax |
flat income tax |
|
| FairTax |
personal income tax, payroll tax, corporate tax, capital gains tax, self-employment tax, gift tax, estate tax |
national retail sales tax with rebate |
provide tax burden visibility; reduce compliance costs; global competitiveness |
Other uses [edit]
Tax swap can also refer to the sale of a security that has declined in price since its purchase and the simultaneous purchase of a similar but not identical security, in order to realize a loss for tax purposes while maintaining a position.[10]
See also [edit]
References [edit]
External links [edit]
 THE GREAT TAX SHIFT (featuring Russell the Hound) When we last saw Russell the Hound, he was protecting taxpayer-funded services like schools, parks, roads, and other public investments that make North Carol... |  Savings Tax Shift Amid Russian Offer - SKY NEWS http://SellMeSomething.co.uk - Savings Tax Shift Amid Russian Offer Confusion grows over EU bailout terms for Cyprus, amid reports of Russia offering new mon... |  BC's Carbon Tax Shift: What's Working? What's Next? On Thursday, 20 September 2012, Carbon Talks and Sustainable Prosperity convened an expert panel to discuss the first four years of the BC carbon tax, and wh... |  Green Tax Shift Plan Canadian Green Party Leader Elizabeth May presents the Green Tax Shift Plan to Canadians. |  "The Great Tax Shift: The Consequences of Maine's Income Tax Cuts," October 16, 2012 (clip 2) Clip 2 from a State of the State episode hosted by MECEP executive director Garrett Martin with guests MECEP policy analyst Joel Johnson, Waterville mayor Ka... |  "The Great Tax Shift: The Consequences of Maine's Income Tax Cuts," October 16, 2012 (clip 3) Clip 3 from a State of the State episode hosted by MECEP executive director Garrett Martin with guests MECEP policy analyst Joel Johnson, Waterville mayor Ka... |  Stéphane Dion proposes carbon 'tax shift' Visit http://CanuckPolitics.com for more. May 15, 2008 - Stéphane Dion outlined his latest vision for the economy and environment during a speech at the Cana... |  "The Great Tax Shift: The Consequences of Maine's Income Tax Cuts," October 16, 2012 (clip 1) Clip 1 from a State of the State episode hosted by MECEP executive director Garrett Martin with guests MECEP policy analyst Joel Johnson, Waterville mayor Ka... |  JHoltzclaw PPT "I Dont Want PPT Repeal to Be Tax Shift to Homeowners |  Environmental Tax Shifting - Green taxes and job creation Building a low-carbon economy. One of the worlds top experts on environmental tax shifting, Paul Ekins discusses how improvements can be made. |
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Bangor Daily News
Mon, 13 May 2013 13:06:28 -0700
Gov. Paul LePage's recent letter to municipalities regarding his budget proposal to suspend the legally required municipal revenue sharing program raises a number of questions. In his letter, the governor says he cannot further reduce spending on core ...
|  News & Observer |
The Progressive Pulse
Fri, 10 May 2013 13:10:31 -0700
As more details of Berger's plan become public, this tax shift that provides a tax cut for high income North Carolinians while raising taxes for middle and low income North Carolinians will become more and more apparent. Senator Rucho, who joined ...
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Salisbury Post
Fri, 10 May 2013 15:55:53 -0700
They come from the tax calculator on the website created to sell the startlingly regressive Senate tax shift. The site also includes a campaign-style video starring Berger, a possible candidate for the U.S. Senate in 2014, walking and talking in what ...
| | |
Tax-news.com
Fri, 17 May 2013 01:06:02 -0700
Belgium Begins Tax Shift From Labor To Capital. by Ulrika Lomas, Tax-News.com, Brussels. 17 May 2013. The Belgian Government has published its 2013-2016 Stability Programme, in which it sets out its medium-term fiscal policy, and outlines plans to ...
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Omaha World-Herald
Wed, 22 May 2013 01:42:25 -0700
Barry Kennedy of the Nebraska Chamber of Commerce and Industry said that while his organization didn't back the big tax shift, it supported the less-ambitious changes in LB 308. “It's going to simplify our tax code, and it's doing away with a tax ...
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Leavenworth Times
Mon, 06 May 2013 18:10:01 -0700
Letter: A tax shift that is disguised to look like tax cut. Maybe you support the elimination of income tax in Kansas. However, states that have no income tax are blessed with another source of revenue to provide government services that provide a ...
| | |
Seacoastonline.com
Tue, 21 May 2013 23:06:40 -0700
The governor's budget amounts to a tax shift of $425 million to our local communities and their property taxpayers. The elements of the governor's tax shift add up to a tax hike of nearly $650 for the typical Maine family, according to figures from the ...
| | |
Pentiction Western News
Tue, 07 May 2013 14:17:29 -0700
Andrew Jakubeit and Helena Konanz were the only two votes in favour of the tax shift. She felt that the city should continue to focus on business. “If we support business in the community, everyone wins, we need to be better than other communities ...
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