Excess burden of taxation
id:
excess-burden-of-taxation-233-11283716
title:
Excess burden of taxation
text:
In economics, the excess burden of taxation is one of the economic losses that society suffers as the result of taxes or subsidies. Economic theory posits that distortions change the amount and type of economic behavior from that which would occur in a free market without the tax. Excess burdens can be measured using the average cost of funds or the marginal cost of funds (MCF). Excess burdens were first discussed by Adam Smith. An equivalent kind of inefficiency can also be caused by subsidies.
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wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Excess_burden_of_taxation
date created:
date modified:
2024-03-26T16:39:57Z
main entity:
{"identifier":"Q5419530","url":"https://www.wikidata.org/entity/Q5419530"}
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fields total:
13
integrity:
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