Tax system economics

• Druk: Warszawa, 2023
• Autor: Friedrich Schneider, Joanna Węgrzyn, Konrad Raczkowski
• Tłumacz: Joanna Łuczak
• Wydawca: Wydawnictwo Naukowe PWN

From a theoretical and practical point of view, we are taking you in this book on an intellectual journey where we will present taxes and the tax system in economic terms. We understand tax system economics as the overall governance of a country’s or integration grouping’s revenues and public expenditure aimed to create a smart economic policy that stimulates economic growth and development, and safeguards against the functional risk to the current and next generations. We present a theoretical tax system model and its reflection in the global economy, or a division of the tax system into productive and non productive fiscal and redistributive functions. We discuss respective types of tax which are of greatest importance to the economy, offering an extensive methodological and systematising study on the economic analysis of the tax system, including an economic analysis of law. Next, we present behavioural economics and its application in the tax system, showing a model of mental accounting relating to the Decision to pay tax according to Richard Thaler. Then, we demonstrate the tax system’s efficiency taking account of social welfare, trust in authorities and the power of the authorities. Last but not least, we try to present, based on research into innovation and tax system of the future, the clash of developed economies with the new reality of developing economies as well as changes facing tax systems in the accelerating process of digitalisation and robotisation.
*** This book could not have been more timely. As countries emerge heavily indebted from the pandemic, many governments will be scrutinizing their tax systems in search of new sources of revenue.

• Kategorie:
  1. Ebooki i Audiobooki »
  2. Ebooki »
  3. Ekonomia, biznes
• Język wydania: angielski
• ISBN: 978-83-01-22861-3
• ISBN druku: 978-83-01-22663-3
• Liczba stron: 320

Foreword     7
Chapter I. The role of taxes and tax system in economic science     11
	Introduction     11
	1.1. The tax system as an economic category     13
	1.2. The economic concept of tax and tax system     15
	1.3. Principles of taxation     19
	1.4. Goals of tax system     24
	1.5. Tax system models     28
		1.5.1. A neutral tax system model     35
		1.5.2. A stimulating tax system model     36
		1.5.3. A theoretical tax system model addressing the challenges of the contemporary economy    38
	1.6. National tax policy in the global economy     42
		1.6.1. Macroeconomic governance of a tax system     47
		1.6.2. Global tax governance     49
	Conclusions     54
Chapter II. The tax system in the economy     57
	Introduction     57
	2.1. A tax system that fosters economic growth and development     59
	2.2. Fostering prosperity and limiting social exclusion     72
	2.3. Public tax administration     84
	2.4. Significance of taxes in the economy     88
		2.4.1. Personal income tax     94
		2.4.2. Corporate income taxes     101
		2.4.3. The role and importance of consumption taxes     106
		2.4.4. The role of property taxes     111
	Conclusions     115
Chapter III. Economic analysis of tax system     117
	Introduction     117
	3.1. The tax system in a theoretical macroeconomic analysis     119
	3.2. The tax system in a practical macroeconomic analysis     130
	3.3. The tax system in a simplified financial analysis     144
	3.4. An economic analysis of taxation and of informal economy     149
		3.4.1. Tax system and the shadow economy     149
		3.4.2. A research approach to estimating the shadow economy     154
	3.5. Economic analysis of law in tax system and economic policy     157
		3.5.1. The research concept and methodology in economic analysis of law     160
		3.5.2. Criticism of economic analysis of law—pros and cons     166
	Conclusions     168
Chapter IV. Behavioural economics in the tax system     171
	Introduction     171
	4.1. Why behavioural economics in taxes?     173
	4.2. Power and trust in the tax system—a social or economic problem?     177
	4.3. Social and economic variables driving tax behaviours     182
	4.4. The decision-making architecture in the tax system—the nudging strategy     187
	4.5. Behavioural tools and technique in the tax system     192
	4.6. Tax system effectiveness—verifying the mainstream economics paradigm     197
	4.7. Suggested tax system efficiency model     204
	Conclusions     208
Chapter V. Tax system economics of the future     209
	Introduction     209
	5.1. A tax system oriented to the growth and development of innovative economy     210
		5.1.1. The impact of the tax system on a highly-innovative economy     225
		5.1.2. Adequacy of the solutions used in tax systems for the growth rate in innovative economy     231
			5.1.2.1. Impact of taxes on the annual GDP per capita growth     231
			5.1.2.2. Gross fixed capital expenditure     235
			5.1.2.3. Gross R&D expenditure     238
			5.1.2.4. New technology exports     241
			5.1.2.5. Gross domestic savings     244
			5.1.2.6. Foreign direct investments     246
			5.1.2.7. Number of researchers     247
		5.1.3. Taxpayer acceptability of the tax burden amount     249
	5.2. Globalisation, digitalisation and tax system     250
	5.3. Robotisation and tax system     258
	Conclusions     262
Summary     265
Bibliography     269
List of tables     313
List of figures     315