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 …

taxation, commodity taxation, tax expenditures, externalities, public goods, capital income and wealth taxation, social … security and retirement savings, estate and gift taxation, and transfer programs. It also explores welfare criteria and … examines how their consideration enables the normative analysis of the taxation of families, heterogeneous preferences, and tax …

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 …

introduce either taxation or rationing. Each treatment is subjected to two conditions: the burden of the deficit is either …-riding. Individualized taxation brings the voluntary contributions closer to the optimum while uniform rationing appears to be the worst …

effects of taxation will become more severe and that tax bases will erode. As factors of production are becoming more fluid …