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Download as PDF; Printable version ... A narrower view of the theory of taxation reduces the system ... A general tax on benefits - taxing benefits would adjust taxes ...
Optimal capital income taxation is a subarea of optimal tax theory which studies the design of taxes on capital income such that a given economic criterion like utility is optimized. [ 1 ] Some have theorized that the optimal capital income tax is zero.
The benefit principle is a concept in the theory of taxation from public finance. It bases taxes to pay for public-goods expenditures on a politically-revealed willingness to pay for benefits received. The principle is sometimes likened to the function of prices in allocating private goods. [1]
Optimal tax theory or the theory of optimal taxation is the study of designing and implementing a tax that maximises a social welfare function subject to economic constraints. [1] The social welfare function used is typically a function of individuals' utilities , most commonly some form of utilitarian function, so the tax system is chosen to ...
A Lindahl tax is a form of taxation conceived by Erik Lindahl in which individuals pay for public goods according to their marginal benefits. In other words, they pay according to the amount of satisfaction or utility they derive from the consumption of an additional unit of the public good.
Download as PDF; Printable version; In other projects Wikidata item; ... Pages in category "Theory of taxation" The following 18 pages are in this category, out of 18 ...
The flypaper theory of tax incidence is a pejorative term used by economists to describe the assumption that the burden of a tax, like a fly on flypaper, sticks wherever it first lands. [1] [2] [3] Economists point out several flaws with the assumption: [citation needed] it ignores the elasticity of goods; and
In public choice theory, tax choice (sometimes called taxpayer sovereignty, [1] earmarking, participatory taxation or fiscal subsidiarity [2] [failed verification]) is an emerging type of citizen sourcing in which individuals or groups of taxpayers decide how to allocate part of their taxes of a municipal or public budget appropriation through ...