What is Excess Burden of Taxation
When it comes to economics, one of the economic losses that society endures as a consequence of taxes or subsidies is the weight of taxation that amounts to an excessive amount. According to the theoretical framework of economics, distortions alter the quantity and kind of economic behavior in comparison to what would take place in a free market in the absence of the tax. It is possible to determine the extent of excess burdens by employing either the average cost of funds or the marginal cost of funds (MCF). It was Adam Smith who first brought up the topic of excessive burdens.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Excess burden of taxation
Chapter 2: Tax
Chapter 3: Deadweight loss
Chapter 4: Index of economics articles
Chapter 5: Supply-side economics
Chapter 6: Tax reform
Chapter 7: Pigouvian tax
Chapter 8: Sin tax
Chapter 9: Tax competition
Chapter 10: Proportional tax
Chapter 11: Tax incidence
Chapter 12: Arnold Harberger
Chapter 13: Tax incentive
Chapter 14: Tax policy
Chapter 15: Market distortion
Chapter 16: Optimal tax
Chapter 17: Tax efficiency
Chapter 18: Marginal cost of public funds
Chapter 19: Laffer curve
Chapter 20: OneTax
Chapter 21: Optimal capital income taxation
(II) Answering the public top questions about excess burden of taxation.
(III) Real world examples for the usage of excess burden of taxation in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Excess Burden of Taxation.