Tag: tax policy

  • Taxes Part 3: Measuring Success

    Taxes Part 3: Measuring Success

    In part 1, I spoke about why taxes are necessary in an economy. In part 2, I discussed how an economy functions and how taxation impacts an economy in general terms. Now, in part 3, I will discuss a little more deeply how to measure a successful tax policy. In part 4, I will compare…

  • Taxes Part 1: Why Tax?

    Taxes Part 1: Why Tax?

    When it comes to tax strategy, from the view of any level of government, we must think about what we are trying to achieve. Generally speaking, tax policy has one of three goals. First, to raise revenues to pay for core services that benefit the public at large. Second, to reduce the incentive to perform…