Abstracts » Business

Principled taxation? No - it's not a contradiction in terms

Article Abstract:

The principle underlying taxation reveals that it should reflect ability to pay, but, while advocating principle is fine, it is useless without a receptive ear from policymakers. An account is presented of how a principled approach to taxation saved the US from value added tax (VAT), proposed under the Tax Restructuring Act of 1979.

United States, Tax Law, Column, Value-added tax, Ullman, Al

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Raising taxes: Some lessons from Europe

Article Abstract:

The rise in government revenues to 40.5 percent by 2008 will turn the United Kingdom into a decisively high-tax regime. It is suggested that public spending should be kept modest in relation to national income and efficiencies should be delivered for ensuring legitimate economy.

Management dynamics, Expenditures-Total Govt, Expenditures-State Govt, Management, Economic conditions, Expenditures, Public, Public expenditures, Company business management

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Desperate measures: if it moves, tax it

Article Abstract:

The article discusses about the heavy taxes that is levied on those who earn by providing goods and services to meet the expenses of the state.

Economic aspects, Taxation

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