Tax Efficiency: Not All Taxes Are Created Equal « Center for Liberal Leadership

Tax Efficiency: Not All Taxes Are Created Equal

June 4, 2007 at 8:51 am | In Economy, Globalization & Dev't. | 1 Comment

One reason that governments impose taxes is to finance the services that citizens demand. This study examines how governments can extract tax revenues in the least costly and economically damaging manner. There are, of course, other policy considerations in determining tax policy. Indeed equity (often referred to as fairness) and simplicity are critical policy factors. That acknowledged, this study focuses on economic efficiency, which is frequently ignored in public policy discussions about tax policy. The reason to focus on economic efficiency is because not all taxes are created equal; the economic costs of different taxes are different. Some taxes impose greater costs on society than others. The key for societies is to rely more on the less costly taxes and less on the more costly taxes. More

Originally Posted at Fraser Institute

1 Comment »

RSS feed for comments on this post. TrackBack URI

ayusin sana nila ang pag gamit ng bwis ng tama ng lahat tayo e makinabang kami dito sa batangas lalo na sa Bauan Di namin makita o maramdaman na ibinabalik sa amin ang tax na ito e mali pa ang kanilang pagsingil ng buwis may malaki na di naman dapat o maliit na di din .
Lalo ang agricultural products kung lagyan ni nila ng buwis
eh sobrang laki wala na ang mga magsasakang kinikita

Comment by christian — July 9, 2007 #