The Real Tax Burden
More Than Dollars and Cents

  • Title:

    The Real Tax Burden
  • Format:

    Paperback
  • Paperback Price:

    9.95
  • Paperback ISBN:

    978-0-8447-7210-3
  • 116 Paperback pages

Citizens rightfully bear the responsibility to contribute to the existence of just government through the rendering of taxes. Because tax policy is also a reflection of values, citizens in a democratic society should be concerned with how taxes are collected and spent.

Using the fundamental concept of "excess burden" as their guide, in "The Real Tax Burden: More Than Dollars and Cents," Alex Brill and Alan Viard illustrate how taxes work and their affect on such things as wages, savings, and economic growth. The authors describe past and present forms of taxation, discuss our current income and corporate tax policy, and critique various options for fundamental tax reform. "The Real Tax Burden" is a primer in the Values & Capitalism series intended for college students.

 

 

 

 

Chapters in "The Real Tax Burden"

1. What is Excess Burden?
2. Excess Burden of Wage, Income, and Consumption Taxes
3. Taxation in the United States: An Overview
4. Issues in U.S. Personal Income Taxation
5. Issues in U.S. Business Taxation
6. Options for Fundamental Tax Reform

 

Introduction to "The Real Tax Burden"

When people discuss tax policy it is often to complain about it. In these discussions, the tax burden one faces is almost always assumed to be the dollars and cents of taxes paid to the government. This limited focus on tax payments threatens to obscure what many economists consider the real tax burden, which they refer to as the excess burden of taxation.

"Because tax policy is also a reflection of values, citizens in a democratic society should be concerned with how taxes are collected and spent."

Although tax payments are burdensome to taxpayers, they provide revenue to the government, which can use them to provide benefits and services that offset the burden (if the benefits and services are provided effectively and lie within government’s legitimate role). In contrast, the excess burden discussed in this book is pure waste that provides no revenue to the government. As we explain in the upcoming pages, excess burden arises when taxes interfere with the taxpayer’s freedom to choose his or her preferred behavior. This interference with freedom is, in many ways, the real tax burden, more than the dollars and cents paid to the government.

 

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Alan D.
Viard

 

Alex
Brill

What's new on AEI

To secure southern border, US must lead international effort to stabilize Central America
image The Ryan pro-work, anti-poverty plan: Thomas Aquinas 1, Ayn Rand 0
image Does SNAP support work? Yes and no
image Obama Democrats lose their big bet on health exchanges
AEI on Facebook
Events Calendar
  • 21
    MON
  • 22
    TUE
  • 23
    WED
  • 24
    THU
  • 25
    FRI
Monday, July 21, 2014 | 9:15 a.m. – 11:30 a.m.
Closing the gaps in health outcomes: Alternative paths forward

Please join us for a broader exploration of targeted interventions that provide real promise for reducing health disparities, limiting or delaying the onset of chronic health conditions, and improving the performance of the US health care system.

Monday, July 21, 2014 | 4:00 p.m. – 5:30 p.m.
Comprehending comprehensive universities

Join us for a panel discussion that seeks to comprehend the comprehensives and to determine the role these schools play in the nation’s college completion agenda.

Tuesday, July 22, 2014 | 8:50 a.m. – 12:00 p.m.
Who governs the Internet? A conversation on securing the multistakeholder process

Please join AEI’s Center for Internet, Communications, and Technology Policy for a conference to address key steps we can take, as members of the global community, to maintain a free Internet.

Thursday, July 24, 2014 | 9:00 a.m. – 10:00 a.m.
Expanding opportunity in America: A conversation with House Budget Committee Chairman Paul Ryan

Please join us as House Budget Committee Chairman Paul Ryan (R-WI) unveils a new set of policy reforms aimed at reducing poverty and increasing upward mobility throughout America.

Thursday, July 24, 2014 | 6:00 p.m. – 7:15 p.m.
Is it time to end the Export-Import Bank?

We welcome you to join us at AEI as POLITICO’s Ben White moderates a lively debate between Tim Carney, one of the bank’s fiercest critics, and Tony Fratto, one of the agency’s staunchest defenders.

Event Registration is Closed
No events scheduled this day.
No events scheduled this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.