This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the … relationships among the main functions of taxation—notably, raising revenue, redistributing income, and correcting externalities …—and the mapping between these functions and various forms of taxation. Different types of taxation as well as expenditures on …

revenue and rates for corporate income taxation and providing a new contribution by analysing value-added taxation … also cover personal income taxation. They point to diminishing revenue returns of increasing the effective marginal tax …

. Meanwhile, the congressional Joint Committee on Taxation released a 1,300-page study cataloging the excessive complexity of … national retail sales tax and the Hall-Rabushka flat tax, could dramatically simplify federal taxation. Those tax systems would … eliminate many of the most complex aspects of federal taxation, including depreciation accounting and capital gains taxation …

relationships among the main functions of taxation - notably, raisingrevenue, redistributing income, and correcting externalities … - and the mapping between thesefunctions and various forms of taxation. Different types of taxation as well as expenditures … core. Additional topics addressed include a range ofdynamic issues, the unit of taxation, tax administration and …

article reviews how states seek to enhance revenues and considers issues of cross-border taxation and the fundamental right to …