Progressive taxation in underdeveloped countries
The arguments for progressive taxation in the nineteenth century were strongly countered by reference to their harmful effects on the incentives to produce, save and invest. This position is still fairly widespread in discussions on what makes a sound fiscal policy for the underdeveloped countries t...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2014-03-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11935 |
| _version_ | 1811172588888522752 |
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| author | C. COSCIANI |
| author_facet | C. COSCIANI |
| author_sort | C. COSCIANI |
| collection | DOAJ |
| description | The arguments for progressive taxation in the nineteenth century were strongly countered by reference to their harmful effects on the incentives to produce, save and invest. This position is still fairly widespread in discussions on what makes a sound fiscal policy for the underdeveloped countries today. The present article argues that progressive taxation corrects the misdistribution of national income, producing additional positive effects in a depressed economy in the process of development, especially as regards investment and the balance of payments. The considerations set out by the author suggest that in underdeveloped countries, progressive taxation must therefore not be regarded only from the point of view of national finance, but from that of the redistribution of income.
JEL: E24, E62, H21, O15, F32
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| first_indexed | 2024-04-10T17:32:47Z |
| format | Article |
| id | doaj.art-bb8d74d98699454689f0e32cbe99aca1 |
| institution | Directory Open Access Journal |
| issn | 2037-3635 2037-3643 |
| language | English |
| last_indexed | 2024-04-10T17:32:47Z |
| publishDate | 2014-03-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | PSL Quarterly Review |
| spelling | doaj.art-bb8d74d98699454689f0e32cbe99aca12023-02-03T16:43:36ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432014-03-01135510.13133/2037-3643/11935Progressive taxation in underdeveloped countriesC. COSCIANIThe arguments for progressive taxation in the nineteenth century were strongly countered by reference to their harmful effects on the incentives to produce, save and invest. This position is still fairly widespread in discussions on what makes a sound fiscal policy for the underdeveloped countries today. The present article argues that progressive taxation corrects the misdistribution of national income, producing additional positive effects in a depressed economy in the process of development, especially as regards investment and the balance of payments. The considerations set out by the author suggest that in underdeveloped countries, progressive taxation must therefore not be regarded only from the point of view of national finance, but from that of the redistribution of income. JEL: E24, E62, H21, O15, F32 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11935Progressive taxationfiscal policyunderdeveloped countriesincome distributionbalance of payments |
| spellingShingle | C. COSCIANI Progressive taxation in underdeveloped countries PSL Quarterly Review Progressive taxation fiscal policy underdeveloped countries income distribution balance of payments |
| title | Progressive taxation in underdeveloped countries |
| title_full | Progressive taxation in underdeveloped countries |
| title_fullStr | Progressive taxation in underdeveloped countries |
| title_full_unstemmed | Progressive taxation in underdeveloped countries |
| title_short | Progressive taxation in underdeveloped countries |
| title_sort | progressive taxation in underdeveloped countries |
| topic | Progressive taxation fiscal policy underdeveloped countries income distribution balance of payments |
| url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11935 |
| work_keys_str_mv | AT ccosciani progressivetaxationinunderdevelopedcountries |