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economics of taxes  

Definition

  • The vision of sound taxes as the foundation of a wellregulated republic goes back at least to the revolutionary Dutch state of the 1790s. Policy makers over the years have sought to balance general goals of good taxation—efficiency, fairness, and low administrative (or transaction) costs—against the desire to use taxes to promote various social goals, including redistributing wealth, subsidizing particular industries, and rewarding or punishing particular behaviors. [Source: Encyclopedia of Law & Society: American and Global Perspectives; Taxes, Economics Of]

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https://concepts.sagepub.com/social-science/concept/economics_of_taxes

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