Tax Theory
10 entries
Laffer Curve
The Laffer Curve is a theoretical representation of the relationship between tax rates and tax reven...
Haig Simons Income
The Haig Simons definition of income, developed by economists Robert Murray Haig and Henry C Simons ...
Inflation Tax
Inflation acts as a hidden tax. When governments print money, the resulting inflation reduces the pu...
Land Value Tax
The land value tax, advocated by economist Henry George in his 1879 book Progress and Poverty, taxes...
Pigouvian Tax
A Pigouvian tax, named after economist Arthur Pigou, is a tax on activities that generate negative e...
Oliver Wendell Holmes Tax
Supreme Court Justice Oliver Wendell Holmes Jr wrote in Compania General de Tabacos v Collector of I...
Universal Basic Income Tax
Universal basic income would replace many social programs with a cash payment to every citizen. Fund...
Negative Income Tax
Negative income tax NIT was proposed by economist Milton Friedman in his 1962 book Capitalism and Fr...
Haig Simmons Definition Detail
The Haig Simons definition of income provides the theoretical benchmark for comprehensive income tax...
Tax Expenditures
Tax expenditures are revenue losses from tax deductions, credits, and exclusions. The concept was de...