Economics of the public sector
Public economics (or economics of the public sector) is the study of government policy through the lens of economic efficiency and equity. At its most basic level, public economics provides a framewor...
Economics of the public sector - Wikipedia
Tax Myths
On 60 minutes, Rep. Alexandria Ocasio-Cortez recently said people are going to have to start paying their fair share in taxes. --------- Subscribe to my YouTube channel: http://youtube.com/johnstosse...
1031 Exchange Rules: All or Nothing?
Discussing Partial 1031 Exchanges I'm planning to sell an investment property and purchase a new investment property. I'd like to defer capital gains through a 1031 exchange, but I also need to keep s...
Is America's Tax System Fair?
How do you define what a "fair" tax system is?
President Trump promises to lower taxes for middle class Americans
President Trump: "We are going to be cutting taxes massively for both the middle class and companies- and that's massively. We're trying to get down to 15-20...
This Billionaire Governor Taxed The Rich And Increased The Minimum Wage -- Now, His State's Economy Is One Of The Best In The Country
The next time your right-wing family member or former high school classmate posts a status update or tweet about how taxing the rich or increasing worker...
In defense of America's 'Benedict Arnold' CEOs
Yet another big American company is fleeing overseas to find a safe space from U.S. taxes. And once again, grandstanding politicians are stomping all over the businessmen behind the deal. Drug giant ...
Public good
In economics, a public good is a good that is both non-excludable and non-rivalrous in that individuals cannot be effectively excluded from use and where use by one individual does not reduce availabi...
Public good - Wikipedia
Public choice theory
Public choice or public choice theory refers to "the use of economic tools to deal with traditional problems of political science". Its content includes the study of political behavior. In political s...
Cost-benefit analysis
Cost–benefit analysis (CBA), sometimes called benefit–cost analysis (BCA), is a systematic approach to estimating the strengths and weaknesses of alternatives that satisfy transactions, activities or ...
Taxation
A tax (from the Latin taxo; "rate") is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state to fund various publi...
Taxation - Wikipedia
Frank P. Ramsey
Frank Plumpton Ramsey (22 February 1903 – 19 January 1930) was a precocious British philosopher, mathematician and economist who died at the age of 26. He was a close friend of Ludwig Wittgenstein and...
Frank P. Ramsey - Wikipedia
Irving Fisher
Irving Fisher (February 27, 1867 – April 29, 1947) was an American economist, statistician, inventor, and Progressive social campaigner. He was one of the earliest American neoclassical economists, t...
Irving Fisher - Wikipedia
Arnold Harberger
Arnold C. Harberger (born July 27, 1924) is an American economist. Harberger's Triangle, widely used in welfare economics, is named after him.
Harberger completed his B.A. in economics at Johns Ho...
Pigouvian tax
A Pigovian tax (also spelled Pigouvian tax) is a tax applied to a market activity that is generating negative externalities (costs for someone other than the person on whom the tax is imposed). The ta...
Fiscal federalism
As a subfield of public economics, fiscal federalism is concerned with "understanding which functions and instruments are best centralized and which are best placed in the sphere of decentralized leve...
Fiscal deficit
A government budget is a government document presenting the government's proposed revenues and spending for a financial year. The government budget balance, also alternatively referred to as general g...
Poll tax
The term "poll tax" refers to different, related forms of taxation depending on where the term is employed:
Ecotax
Ecotax (short for Ecological taxation) refers to taxes intended to promote environmentally friendly activities via economic incentives. Such a policy can complement or avert the need for regulatory (c...
Sales tax
A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow (or require) the seller to collect funds for the tax from the consumer at the point of pur...
Sales tax - Wikipedia
Transfer tax
A transfer tax is a tax on the passing of title to property from one person (or entity) to another.In a narrow legal sense, a transfer tax is essentially a transaction fee imposed on the transfer of t...
Wealth tax
A wealth tax (also called a capital tax, equity tax, or net worth tax) is a levy on the total value of personal assets, including owner-occupied housing; cash, bank deposits, money funds, and savings ...
Excise
An excise or excise tax (sometimes called a special excise duty) is an inland tax on the sale, or production for sale, of specific goods or a tax on a good produced for sale, or sold, within a country...
Excise - Wikipedia
Tariff
A tariff is a tax on imports or exports (an international trade tariff), or a list of prices for such things as rail service, bus routes, and electrical usage (electrical tariff, etc.)
The small S...
Tariff - Wikipedia
Value-added tax
A value-added tax (VAT) or also goods and services tax (GST) is a form of consumption tax. From the perspective of the buyer, it is a tax on the purchase price. From that of the seller, it is a tax o...
Income tax
An income tax is a government levy (tax) imposed on individuals or entities (taxpayers) that varies with the income or profits (taxable income) of the taxpayer. Details vary widely by jurisdiction. Ma...
Income tax - Wikipedia
Tax rate
In a tax system and in economics, the tax rate describes the ratio (usually expressed as a percentage) at which a business or person is taxed. There are several methods used to present a tax rate: st...
Free rider problem
In economics, the free rider problem occurs when those who benefit from resources, goods, or services do not pay for them, which results in either an under-provision of those goods or services, or in ...
Taxation as theft
The identification of taxation as theft is a viewpoint found in a number of political philosophies. Under this view, government transgresses property rights by enforcing compulsory tax collection. Aut...
Taxation as theft - Wikipedia