- Hettich, W., What Is Missed If We Leave Out Collective Choice in the Analysis of Taxation, National Tax Journal 52/2,1998.Stanley L. Winer and Walter Hettich, "What is Missed If We Leave out Collective Choice in the Analysis of Taxation," National Tax Journal, 51, 1998, 373-389....
Fiscal policy tools are used by governments to influence the economy. These primarily include changes to levels of taxation and government spending. To stimulate growth, taxes are lowered and spending is increased. This often involves borrowing by issuing government debt. To cool down an overheating ...
Modern fiscal policy is based largely on the theories of the British economist John Maynard Keynes, whose liberal Keynesian economics correctly theorized that government management of changes in taxation and spending would influencesupply and demandand the overall level of economic activity. Keynes' ideas...
Trade policy is a collection of rules and regulations which pertain to trade. Every nation has some form of trade policy in place, with public officials formulating the policy which they think would be most appropriate for their country. The purpose of this policy is to help a nation's inter...
Double taxation refers to income taxes paid twice on the same income source. It occurs when income is taxed at both the corporate and personal level, or by two nations.
What is the goal of expansionary fiscal policy? What are the characteristics of a good fiscal policy? What is fiscal policy? What are some of the concepts of government spending, taxation, and borrowing? What would be a fiscal policy of each? What is the most likely discretionary fiscal poli...
UPDATE (August 28, 2023):According to acircularjointly released by the Ministry of Finance and the State Taxation Administration,China will extend the preferential tax treatment for the annual one-time bonus until the end of 2027. Under this scheme, IIT on the annual one-time bonus is calculat...
System of Taxation:The taxation system refers to the government's activity in collecting a certain percentage of monetary value from the entities in a market economy. These taxes are collected from suppliers or consumers directly or indirectly through different tax structures....
Taxation plays a prominent role in the economic development of any country. Taxation is a system through which government raises or collect revenue from Public. Governments use these revenues for the welfare of society in various forms like paying salaries of soldiers and police, Construction of dam...
A tax jurisdiction is a city, state, country, or other government that levies taxes within its limits. Depending on the place...