Gregorio Sancianco: an early advocate of presumptive taxation
Writing in 1881, Gregorio Sancianco advocated a presumptive tax for the Philippines. Unlike other proponents of the scheme, however, Sancianco viewed a presumptive tax in decidedly modern terms: as a second-best response to the reality of tax evasion in the face of information asymmetry and limited government enforcement capacity. He also believed that such a tax, while imperfect, served on the whole to induce owners to devote their resources to the most efficient use. Sancianco’s ideas stem from a Spanish liberal lineage derived from Adam Smith and best represented by the eighteenth-century Spanish reformer and statesman Gaspar Melchor de Jovellanos.
Year of publication: |
2013
|
---|---|
Authors: | Dios, Emmanuel S. de |
Published in: |
History of Economic Ideas. - Fabrizio Serra Editore, Pisa - Roma. - Vol. 21.2013, 3, p. 69-90
|
Publisher: |
Fabrizio Serra Editore, Pisa - Roma |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Has the Philippines forever lost its chance at industrialization?
Williamson, Jeffrey G., (2014)
-
Economic Ideas During the Malolos Congress
Dios, Emmanuel S. de, (1999)
-
Interest-Group Competition, Legislative Objection, and Executive Power
Dios, Emmanuel S. de, (2000)
- More ...