Optimal tax theory or the theory of optimal taxation is the study of designing and implementing a tax that maximises a social welfare function subject...

Optimal labour income tax is a sub-area of optimal tax theory which refers to the study of designing a tax on individual labour income such that a given...

individual has $2000 of tax credits then his taxes are directly smaller by $2000. The standard theory of optimal tax rate aims to design the tax to maximize social...

Optimal capital income taxation is a subarea of optimal tax theory which studies the design of taxes on capital income such that a given economic criterion...

Mirrlees, "An Exploration in the Theory of Optimum Income Taxation" (1971). E. Sheshinski, "The Optimal Linear Income Tax" (1972). M. Friedman assisted by R....

Pigouvian tax is a method that tries to internalize negative externalities to achieve the Nash equilibrium and optimal Pareto efficiency. The tax is normally...

broad categories: Income tax Payroll tax Property tax Consumption tax Tariff (taxes on international trade) Capitation, a fixed tax charged per person Fees...

A capital gains tax (CGT) is the tax on profits realized on the sale of a non-inventory asset. The most common capital gains are realized from the sale...

of tax evasion. The economic analysis of excise taxes has its beginnings with Atkinson and Stiglitz in 1976 stating that if income taxes were optimal there...

political policy choice, and to consider a theoretical optimum tariff rate. However, imposing an optimal tariff will often lead to the foreign country increasing...