About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

12 Dick. J. Int'l L. 29 (1993-1994)
Principles of Taxation for Emerging Economies: Lessons from the U.S. Experience

handle is hein.journals/psilr12 and id is 37 raw text is: Principles of Taxation for Emerging Economies: Lessons from the U.S. Experience Robert W. McGee* Table of Contents Introduction ..................... Attributes of Taxation ................ A. Voluntary or Coercive System ...... B. High or Low Rates .............. C. Ability to Pay or Cost-Benefit Principle . D. Uniform or Discriminatory Rates ..... E. Ease of Administration ........... F. V isibility ................... G. Ease of Collection .............. H. General Fund or Earmarked ........ I. Predictability of Flow ............ J. Economic Distortion ............. K. Effect on Competitiveness and Economic L. Complexity .................. M . Clarity ..................... N . Stability ..................... 0. Tax Base Width ............... Growth ...... P. Effect on Behavior and Incentives ............... 57 Q. Effect on Social Harmony .................... 57 R. Administrative Costs ....................... 60 S. Cost and Benefit ........................... 62 III. Benefits and Disadvantages of Various Forms of Taxation .. . 63 A. The Individual Income Tax ................... 64 B. The Corporate Income Tax .................... 66 C. Property Taxation .......................... 69 D. The Value Added Tax ...................... 70 E. Retail Consumption Taxes ............ ........ 74 F. Excise Taxes ............................ 77 *Robert W. McGee is a professor at the W. Paul Stillman School of Business, Seton Hall University in South Orange, New Jersey, and is an adviser on tax and trade policy to several governments. He has authored or edited more than 30 books and monographs and has written more than 300 articles and reviews for a variety of scholarly and professional journals. The author would like to thank John Tortora and Vivian Lugo for providing research assistance for this article.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most