Tag: economics ↓

The ideal tax system

April 23rd, 2006 · 3 Comments

The ideal tax system … is neutral to business activity. In such an ideal system, individuals and businesses would base their economic decisions solely on the merits of the trans­ac­tions, without regard to tax impli­ca­tions. In reality, tax-induced economic distor­tions are a fact of life, and a more realistic goal is to maximize the occasions […]

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Category: Taxation
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