tax policy
Tax policy refers to the principles, rules, and guidelines set by governments regarding the collection, administration, and allocation of taxes within a country. It outlines the strategies used to enhance revenue generation, promote economic growth, redistribute wealth, and influence behavior and market activity, all while meeting government expenditure needs and societal objectives.
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Related Concepts (20)
- authorization bills
- crowding out private investment
- dividend taxes
- earned income tax credit (eitc)
- flat tax
- flat tax reforms
- intergenerational equity and fiscal sustainability
- macroeconomic stability
- progressive tax system
- progressive taxation
- progressivity of tax reforms
- public policy debates
- redistribution of wealth
- tax administration reforms
- tax code simplification reforms
- tax collection and enforcement reforms
- tax cuts
- tax transparency and disclosure reforms
- value-added tax (vat)
- wealth tax