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Research
BPEA | 1986 No. 11986, No. 1
TAX POLICY AND TAX REFORM are important items on the current policy
agenda. In evaluating alternative tax policies, decisionmakers must
consider both their normative and positive impact; in particular, they
must examine the effects of competing policies on the overall well-being
of the taxpayers and on various indexes of economic activity, in both
the short run and long run.