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تاريخ التسجيل : 14/03/2013
 |  موضوع: Taxes issue السبت يونيو 15, 2013 10:55 am | |
| Why taxes? To provide sufficient revenue for required government services. But there are many ways to raise the money, and to help us evaluate them, scholars have agreed upon a set of principles to judge which tax systems are "good" and which are "bad."
The most commonly cited principles in tax policy are adequacy, equity, exportability, neutrality, and simplicity. There are also many tax revenue systems: excise, permit/toll, income, personal property, real estate, and sales.
Adequacy
An adequate tax system raises enough money to pay for public services requested by citizens and policy makers. An inadequate system runs deficits; some state constitutions prohibit deficit budgets (that is, planning to run in the red).
What are the factors that contribute to a revenue source that provides adequate funds? The first is stability -- a predictable source of revenue. The second is elasticity, an economic concept. If a tax is elastic, it will grow faster than the economy. Unfortunately, this also means that if the economy is contracting, the tax base will contract more quickly, putting pressure on revenue at an inconvenient moment.
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عدد المساهمات : 656
تاريخ التسجيل : 14/03/2013
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