Includes bibliographical references and index.
|Statement||by Nicholas Kaldor.|
|LC Classifications||HJ2351 .K3|
|The Physical Object|
|Pagination||249 p. ;|
|Number of Pages||249|
|LC Control Number||56001276|
The idea examined in this book-- that the taxation of individuals should be based on their expenditure, and not on their income is by no means a new one. The case in equity for taxing people in accordance with what they consume rather than what they earn was succinctly put years ago by Hobbes. History. The expenditure tax was first introduced by T. T. Krishnamachari (then Finance Minister) in After being abolished in by Morarji Desai, it was brought again in It was finally abolished in after which Chaudhary Charan Singh tried to bring it again in but failed.. Expenditure Tax Act. The Expenditure Tax Act, governs the taxation process associated Enacted by: Parliament of India. Expenditure tax, tax levied on the total consumption expenditure of an individual. It may be a proportional or a progressive tax; its advantage is that it eliminates the supposed adverse effect of the personal income tax on investment and saving incentives. Difficult to administer, it has been. Part 2 examines the issue of Expenditure Tax in practice, asking whether personal expenditure tax is practicable and putting forward a proposal for Surtax Reform. The Amazon Book Review Author interviews, book reviews, editors' picks, and more. Read it now Enter your mobile number or email address below and we'll send you a link to download the Manufacturer: Routledge.
The Expenditure Tax Act, The Expenditure Tax Act of is an act that governs all taxation-related processes associated with the chargeable expenditure that an individual incurs in certain hotels or restaurants. This act will charge to tax . Part 2 examines the issue of Expenditure Tax in practice, asking whether personal expenditure tax is practicable and putting forward a proposal for Surtax Reform. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or Cited by: deduction, self-employment tax, or educator expenses. Can claim a efundable cr redit other than the eaned income r credit, American opportunity cedit, or additional child tax cr edit, r such as the net premium tax credit or health coverage tax credit. Have other payments, such as an amount paid with a equest for r. Economics of Public Finance The latest edition of this valuable book updates all previous material and incorporates much new material. It includes a consideration of the problems of and methods for controlling public spending, the relative merits of income tax and a direct expenditure tax, the changes required in the income tax unit, the.
Additional Physical Format: Online version: Kaldor, Nicholas, Expenditure tax. London: Allen & Unwin, (OCoLC) Document Type. Additional Physical Format: Online version: Kaldor, Nicholas, Expenditure tax. Westport, Conn.: Greenwood Press, (OCoLC) Tax Expenditures, as the word might indicate, does not relate to the expenditures incurred by the Government in the collection of taxes. Rather it refers to the opportunity cost of taxing at concessional rates, or the opportunity cost of giving exemptions, deductions, rebates, deferrals credits etc. to the tax payers. Tax expenditures indicate how much more revenue could have . The Book Therefore Has Extensive Coverage Which Includes Definitions Of Income And Equity, Recent Developments In The Taxation Of Personal Income And The Growing Hybridizations Of Income Base, Arguments In Favour Of The Expenditure Tax And Its Feasible Design, Review Of The Performance Of An Earlier Expenditure Tax In India And, Above All, A.